Qudian (QD) Tops Q2 EPS by 8c, Confirms End of Agreement with Ant Financial

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Qudian Inc. Reports Second Quarter 2018 Unaudited Financial Results

August 24, 2018 4:00 AM EDT

BEIJING, Aug. 24, 2018 /PRNewswire/ -- Qudian Inc. ("Qudian" or the "Company") (NYSE: QD), a leading provider of online small consumer credit products in China, today announced its unaudited financial results for the fiscal quarter ended June 30, 2018.

Second Quarter 2018 Operational Highlights:

Total outstanding loan balance[1] as of June 30, 2018 increased by 40.3% to RMB15.0 billion from June 30, 2017 Total number of registered users as of June 30, 2018 increased by 41.7% to 67.9 million from June 30, 2017 Number of active borrowers[2] was 4.0 million during the second quarter of 2018, compared... More