Yirendai Ltd ADR (YRD) said before open Thursday that it broke even in quarter four 2023.
In the same quarter a year ago, the company earned $0.78 per share on revenue of $157.8 million.
The stock is down 2.03% to $5.32 after the report.
The firm's lower revenue growth to earnings signals that the firm has been able to reduce costs and improve its profit margin overall.
InvestorsObserver gives the stock a Bearish Sentiment score at the moment based on recent trading.
Yirendai Ltd ADR has been a strong performer over the past few months, garnering a high Long-Term Technical Rank by InvestorsObserver of 98, putting Yirendai Ltd ADR in the top 25% of stocks. The firm was recently trading at a 52-week high of $5.8 on March 4, 2024 and set a 52-week low on March 28, 2023 at $1.8.
Yiren Digital Ltd. is an advanced, AI-powered platform providing a comprehensive suite of financial and lifestyle services in China. Our mission is to elevate customers' financial well-being and enhance their quality of life by delivering digital financial services, tailor-made insurance solutions, and premium lifestyle services. We support clients at various growth stages, addressing financing needs arising from consumption and production activities, while aiming to augment the overall well-being and security of individuals, families, and businesses.
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Yirendai Ltd ADR Down 2.03% To $5.32 After Earnings
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