X Financial (XYF) reported Q3 adjusted net income late Tuesday of 8.88 Chinese renminbi ($1.22) per diluted American depository share, up from 7.56 renminbi a year earlier.

Net revenue for the quarter ended Sept. 30 rose to 1.58 billion renminbi from 1.40 billion renminbi a year earlier.

No analyst estimates were available for comparison on FactSet.

The company's shares were down 8.3% in after-hours activity.