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Qudian First Quarter 2024 Earnings: CN¥0.38 loss per share (vs CN¥1.82 profit in 1Q 2023)
Qudian (NYSE:QD) First Quarter 2024 Results
Key Financial Results
- Revenue: CN¥55.8m (up 156% from 1Q 2023).
- Net loss: CN¥73.6m (down by 118% from CN¥414.3m profit in 1Q 2023).
- CN¥0.38 loss per share (down from CN¥1.82 profit in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Qudian shares are up 19% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Qudian that you should be aware of.
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About NYSE:QD
Qudian
Operates as a consumer-oriented technology company in the People’s Republic of China.
Adequate balance sheet with questionable track record.
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