Yiren Digital Reports First Quarter 2020 Financial Results

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Go back to Yiren Digital Reports First Quarter 2020 Financial Results

UPDATE: Yiren Digital Ltd. (YRD) Misses Q1 EPS by 20c, Revenues Miss

June 23, 2020 5:02 PM EDT

(Updated - June 23, 2020 5:03 PM EDT)

Yiren Digital Ltd. (NYSE: YRD) reported Q1 EPS of $0.03, $0.20 worse than the analyst estimate of $0.23. Revenue for the quarter came in at $144.6 million versus the consensus estimate of $209.46 million.

First Quarter 2020 Financial Results

Total amount of loans facilitated in the first quarter of 2020 was RMB 1,839.5 million (US$259.8 million), compared to RMB 10,934.9 million in the same period last year. As of March 31, 2020, the total outstanding principal amount of the performing loans was RMB 42.1 billion (US$5.9 billion), decreased by 17.8% from RMB 51.2 billion as of December 31 2019.Total net... More