Qudian Q1 Adj EPADS $(0.05) Down From $0.26 YoY, Sales $7.74M Up From $3.18M YoY
Portfolio Pulse from Benzinga Newsdesk
Qudian reported a Q1 adjusted EPADS of $(0.05), down from $0.26 year-over-year, while sales increased to $7.74 million from $3.18 million year-over-year.
June 13, 2024 | 9:03 am
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Qudian's Q1 adjusted EPADS fell to $(0.05) from $0.26 year-over-year, indicating a decline in profitability. However, sales increased significantly to $7.74 million from $3.18 million year-over-year, showing growth in revenue.
The decline in adjusted EPADS suggests a decrease in profitability, which could negatively impact investor sentiment. However, the significant increase in sales indicates strong revenue growth, which could offset some of the negative sentiment. Overall, the mixed results may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100