QD Stock Recent News

XIAMEN, China , June 13, 2024 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented technology company in China, today announced its unaudited financial results for the quarter ended March 31, 2024. First Quarter 2024 Financial Highlights: Total revenues were RMB55.8 million (US$7.7 million), compared to RMB21.9 million for the same period of last year Net loss attributable to Qudian's shareholders was RMB73.6 million (US$10.2 million), compared to net income of RMB414.3 million for the same period of last year; net loss per diluted ADS was RMB0.38 (US$0.05) for the first quarter of 2024 Non-GAAP net loss attributable to Qudian's shareholders was RMB73.5 million (US$10.2 million), compared to Non-GAAP net income of RMB416.0 million for the same period of last year.

Qudian (NYSE: QD ) just reported results for the third quarter of 2023. Qudian reported earnings per share of -11 cents.

The company reported strong interest in its new meal kit service.

Qudian Inc (NYSE: QD) shares are trading higher Monday after the company highlighted progress in its QD Food brand and said its 717 Foodies Festival fueled sales of approximately 9.56 million dishes. QD Food said it now has 15 warehousing, assembly and packaging facilities and is .

Chinese consumer finance company QD stock is rising on news that its ready-to-cook meal business is growing. The post Why Is Qudian (QD) Stock Up 50% Today?