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Yirendai: 2Q Earnings Snapshot

Associated Press
Updated

BEIJING (AP) _ Yirendai Ltd. (YRD) on Tuesday reported second-quarter earnings of $22.5 million.

On a per-share basis, the Beijing-based company said it had net income of 24 cents.

The online consumer finance marketplace posted revenue of $322.9 million in the period.

Yirendai shares have declined 14% since the beginning of the year. The stock has dropped 49% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on YRD at https://www.zacks.com/ap/YRD