Qudian (QD) Reports Q3 EPS of $0.32

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Qudian Inc. Reports Third Quarter 2018 Unaudited Financial Results and Issues Notice of Annual General Meeting

November 21, 2018 3:00 AM EST

XIAMEN, China, Nov. 21, 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 third quarter ended September 30, 2018.

Third Quarter 2018 Operational Highlights:

Total outstanding loan balance[1] as of September 30, 2018 increased by 17.7% to RMB 15.3 billion from September 30, 2017 Total number of registered users as of September 30, 2018 increased by 23.7% to 70.0 million from September 30, 2017 Number of outstanding borrowers[2] as of September 30, 2018 was 4.9 million, compared with 6.3... More