Yiren Digital Reports Second Quarter 2020 Financial Results
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Yiren Digital Ltd. (YRD) Misses Q2 EPS by 52c, Revenues Miss
August 27, 2020 5:05 PM EDTYiren Digital Ltd. (NYSE: YRD) reported Q2 EPS of ($0.35), $0.52 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $106.82 million versus the consensus estimate of $274.2 million.
Second Quarter 2020 Operational Highlights
Wealth ManagementYiren Wealth
Cumulative number of investors served reached 2,223,250 as of June 30, 2020, representing an increase of 0.2% from 2,218,181 as of March 31, 2020 and compared to 2,185,513 as of June 30, 2019.Number of current investors was 195,211 as of June 30, 2020, representing a decrease of 11.5% from 220,568 as of March 31, 2020.Number of current non-P2P investors was 31,530 as of June 30, 2020, representing an increase of 19.7% from... More