Yiren Digital Q3 EPADS $0.85 Up From $0.42 YoY, Sales $179.66M Up From $118.18M YoY
Portfolio Pulse from Benzinga Newsdesk
Yiren Digital (NYSE:YRD) reported a significant increase in quarterly earnings and sales. Earnings per share (EPS) were $0.85, up 102.86% from $0.42 YoY. Sales rose 52.02% to $179.66M from $118.18M YoY.
November 21, 2023 | 10:13 am
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Yiren Digital reported a more than doubling of its EPS and a significant increase in sales compared to the same quarter last year, indicating strong financial performance.
The substantial increase in both EPS and sales for Yiren Digital suggests a strong financial performance, which is likely to be viewed positively by investors. This could lead to a short-term increase in stock price as the market reacts to the positive earnings report.
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