Qudian Inc. Faces Revenue Decline but Remains Optimistic
Company Announcements

Qudian Inc. Faces Revenue Decline but Remains Optimistic

Qudian Inc. (QD) has released an update.

Qudian Inc., a consumer-oriented technology company, has reported a significant decrease in total revenues for Q4 and full year 2023, with a net loss for Q4 but an overall net income for the year. Despite winding down its loan book business, the company has seen revenue from its smart last-mile delivery business and is introducing a ‘Buy Now, Pay Later’ solution. Qudian’s Board has also authorized a new share repurchase program to buy back up to $300 million worth of shares within the next 36 months.

For further insights into QD stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskQudian Inc. Sees Remarkable Turnaround in Q2 2024
TheFlyQudian announces change of auditor
TheFlyQudian reports Q2 EPS RMB 0.53 vs. (RMB 0.34) last year
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App