Qudian Q3 Non-GAAP EPS of -$0.11, revenue of $4.1M (NYSE:QD)
Press Room
Qudian press release (NYSE:QD): Q3 Non-GAAP EPS of -$0.11.
Revenue of $4.1M or RMB29.6 million, representing a decrease of 73.1% from RMB110.2 million for the third quarter of 2022.
Net loss to shareholders was RMB181.2 million (US$24.8 million), compared to net loss of RMB648.0 million for the same period of last year; net loss per diluted ADS was RMB0.84 (US$0.12) for the third quarter of 2023.
Loss from operations was RMB100.8 million (US$13.8 million), compared to RMB 299.8 million for the third quarter of 2022.
As of September 30, 2023, the Company had cash and cash equivalents of RMB7,226.4 million (US$990.5 million) and restricted cash of RMB67.1 million (US$9.2 million).
