QD - Qudian Non-GAAP EPADS of $0.26 revenue of $3.2M

2023-06-12 05:19:46 ET

• Qudian press release ( NYSE: QD ): Q1 Non-GAAP EPADS of $0.26.
• Revenue of $3.2M (-89.1% Y/Y).
• "The business conditions remain challenging in the first quarter of 2023. We continued to execute our business transition, with the winding down of our QD Food business to its final stage while maintaining a healthy balance sheet by pursuing efficient cash management," said Mr. Min Luo, Founder, Chairman and Chief Executive Officer of Qudian. "Moving forward, we remain focused on navigating market dynamics and capitalizing on new business and investment opportunities, including those overseas, in order to build long-term value for our shareholders."

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