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Yiren Digital Ltd. (YRD) Q3 2024 Earnings Call Transcript
Pulling Back 18% This Week, Yiren Digital's NYSE:YRD) One-year Decline in Earnings May Be Coming Into Investors Focus
yiren digital (YRD.US) achieved a net revenue of 1.4791 billion yuan in the third quarter, a year-on-year increase of 12.8%.
On November 21, Gelonghui reported that Yiren Digital (YRD.US) announced its financial report for the third quarter of 2024, with total net revenue of 1.4791 billion yuan, a year-on-year increase of 12.8%; net income was 0.3554 billion yuan, compared to 0.5544 billion yuan in the same period of 2023; diluted eps was 2.0192 yuan. In the third quarter of 2024, the revenue from financial services business was 0.8362 billion yuan, an increase of 25.2% compared to 0.668 billion yuan in the same period of 2023. The revenue from insurance brokerage business was 85.5 million yuan, compared to 0.2646 billion yuan in the third quarter of 2023.
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Yiren Digital Shares Are Trading Lower After the Company Reported a Year-over-year Decrease in Q3 EPS Results.