Yiren Digital Ltd. (NYSE: YRD) shares plummeted 5.35% in Thursday's pre-market trading session, following the release of the company's disappointing third-quarter 2024 financial results.
For the quarter, Yiren Digital reported earnings per share of $0.57, down 32.51% from the same period last year. While revenue increased by 17.32% year-over-year to $210.77 million, the earnings decline missed analysts' expectations, sparking a selloff in the stock.
The lackluster earnings performance suggests that Yiren Digital's growth trajectory is facing challenges, leading investors to reevaluate the company's prospects and contributing to the sharp decline in share price.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。