Qudian (QD) Misses Q1 EPS by 24c, Revenues Miss

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Qudian Inc. Reports First Quarter 2020 Unaudited Financial Results

May 26, 2020 5:25 AM EDT

XIAMEN, China, May 26, 2020 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a leading technology platform empowering the enhancement of online consumer finance experience in China, today announced its unaudited financial results for the quarter ended March 31, 2020.

First Quarter 2020 Operational Highlights:

Total number of registered users as of March 31, 2020 reached 80.2 million, representing an increase of 9.5% from March 31, 2019 Number of outstanding borrowers[1] from loan book business and transaction services business as of March 31, 2020 decreased by 7.1% to 5.7 million from... More