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LX - LexinFintech Delivers a Record in Loan Issuance and Active Users
LexinFintech Holdings Ltd.
LexinFintech Holdings (NASDAQ: LX) just released impressive results for the first quarter of 2021. The Chinese consumer finance platform's adjusted net income hit a new all-time high of 771 million yuan (roughly $121 million) on the back of record loan originations and quarterly active users.
But beyond the headline numbers, there's a lot more to digest in LexinFintech's latest earnings release. Here are three important takeaways from the report.