Yiren Digital Q3 2023 EPADS $0.85 Up From $0.42 YoY, Sales $179.66M Up From $118.18M YoY
Portfolio Pulse from totan@benzinga.com
Yiren Digital (NYSE:YRD) reported a significant increase in its Q3 2023 earnings per share (EPS) to $0.85, up 102.86% from $0.42 YoY. Sales also rose to $179.66M, a 52.02% increase from $118.18M YoY.
November 21, 2023 | 11:01 am
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POSITIVE IMPACT
Yiren Digital reported a more than doubling of its EPS to $0.85 and a 52.02% increase in sales to $179.66M for Q3 2023 compared to the same period last year.
The substantial increase in both EPS and sales indicates strong company performance and is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price. The reported figures are significant improvements, which typically result in positive market reactions.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100