LX News and Press, LexinFintech Holdings Ltd. From 11/17/22

Despite a down day for the broader market, several Chinese stocks ripped higher today after recent earnings results. Shares of the large Chinese e-commerce company Alibaba (NYSE: BABA) traded more than 8% higher as of 12:37 p.m. ET today. Shares of the Chinese electronic vaping ...

Image source: The Motley Fool. Lexinfintech Holdings Ltd. (NASDAQ: LX) Q3 2022 Earnings Call Nov 16, 2022 , 8:30 p.m. ET Operator Continue reading For further details see: Lexinfintech Holdings Ltd. (LX) Q3 2022 Earnings Call Transcript ...

LexinFintech Holdings Ltd. (LX) Q3 2022 Earnings Conference Call November 16, 2022 08:30 PM ET Company Participants Echo Yan - Investor Relations Director Jay Xiao - Chairman and Chief Executive Officer Sunny Sun - Chief Financial Officer Jared Wu - President...

LexinFintech press release ( NASDAQ: LX ): Q3 Non-GAAP EPADS of $0.24. Revenue of $378.2M (-9.4% Y/Y). Total number of registered users reached 184 million as of September 30, 2022, representing an increase of 19.2% from 154 million as of September 30, 2021, and users ...

SHENZHEN, China, Nov. 16, 2022 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading online and offline consumption platform and a technology-driven service provider in China, today announced its unaudited financial res...

Summary LexinFintech's actual Q3 2022 earnings might come in below expectations, considering China's retail sales for the quarter and the company's provisioning approach. On the positive side of things, LX's valuations are undemanding, and there are re-rating catalysts for US-list...

SHENZHEN, China, Nov. 10, 2022 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading online and offline consumption platform and a technology-driven service provider in China, today announced that it will report it...

Summary Three online loan facilitators reported second-quarter profit declines of varying degrees, as China’s slowing economy forced them to prioritize risk management over revenue growth. FinVolution’s revenue growth slowed to about 12% in the second quarter from 16...

Summary I like the fact that LexinFintech has guided for QoQ loan originations growth for Q3 2022, and that the early indicators for its revenue diversification plans are positive. On the flip side, the 90-day+ delinquency ratio for LX rose in Q2 2022, and the company has yet to c...

Shares of the Chinese digital financial services company LexinFintech Holdings (NASDAQ: LX) rose about 11.5% today after the company reported earnings results for the second quarter of the year earlier this morning. LexinFintech reported diluted earnings of $0.13 per American de...