BEIJING — BEIJING — Yirendai Ltd. on Friday reported profit of $62.2 million in its first quarter. The Beijing-based company said it had profit of 69 cents per share. The online. | June 9, 2023
Yirendai: Q4 Earnings Snapshot
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BEIJING (AP) Yirendai Ltd. (YRD) on Thursday reported a fourth-quarter loss of $85.8 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Beijing-based company said it had a loss of $1.02. Earnings, adjusted for non-recurring costs, came to 18 cents per share.
The online consumer finance marketplace posted revenue of $177.9 million in the period.
For the year, the company reported a loss of $106.2 million, or $1.18 per share, swinging to a loss in the period. Revenue was reported as $607.2 million.
Yirendai shares have climbed 52% since the beginning of the year. The stock has increased 26% in the last 12 months.