Yirendai: 1Q Earnings Snapshot
BEIJING (AP) _ Yirendai Ltd. (YRD) on Wednesday reported first-quarter net income of $55 million.
On a per-share basis, the Beijing-based company said it had profit of 59 cents.
The online consumer finance marketplace posted revenue of $295.1 million in the period.
Yirendai shares have risen 17% since the beginning of the year. The stock has declined 40% in the last 12 months.