Stock Track | Yiren Digital Plunges 5.35% as Q3 Earnings Disappoint

Stock Track11-21

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.

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(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.\nFor the ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"YRD","symbol_name":"宜人智科","start_time":0,"source_url":"","article_id":"1147137273","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1147137273","pubTimestamp":1732200025,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Yiren Digital Ltd.  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. 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