Noah Holdings Limited Announces Unaudited Financial Results for the First Quarter of 2020
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UPDATE: Noah Holdings (NOAH) Reports Q1 EPS of $0.58 on Revenues of $105.4M
May 18, 2020 4:03 PM EDT(Updated - May 18, 2020 4:03 PM EDT)
Noah Holdings (NYSE: NOAH) reported Q1 EPS of $0.58. Revenue for the quarter came in at $105.4 million.
Non-GAAP Net Income Attributable to Noah Shareholders
Non-GAAP net income attributable to Noah shareholders for the first quarter of 2020 was RMB255.9 million (US$36.1 million), a 16.0% decrease from the corresponding period in 2019, but a 119.6% increase from the fourth quarter of 2019.Non-GAAP net margin attributable to Noah shareholders for the first quarter of 2020 was 34.3%, up... More