QD - Qudian EPADS misses by $0.24 misses on revenue

Qudian (NYSE:QD): Q3 Non-GAAP EPADS of -$0.06 misses by $0.24; GAAP EPADS of -$0.06 misses by $0.23. Revenue of $53.9M (-59.1% Y/Y) misses by $1.12M. Press Release Number of outstanding borrowers from loan book business as of September 30, 2021 decreased by 3.1% to 2.8M from 2.9M as of June 30, 2021, as a result of the Company's deployment of a conservative and prudent strategy. Total outstanding loan balance from loan book business decreased by 14.4% to RMB3.0B as of September 30, 2021, compared to the outstanding balance as of June 30, 2021 Amount of transactions from loan book business for this quarter decreased by 12.1% to RMB3.4B from the second quarter of 2021.

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Qudian EPADS misses by $0.24, misses on revenue