PPDAI: 1Q Earnings Snapshot

PPDAI: 1Q Earnings Snapshot

Associated Press
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SHANGHAI (AP) _ PPDAI Group Inc. (PPDF) on Wednesday reported net income of $104.8 million in its first quarter.

The Shanghai-based company said it had net income of 34 cents per share.

The online consumer finance marketplace provider posted revenue of $217.3 million in the period.

PPDAI shares have risen 51% since the beginning of the year. The stock has fallen 21% 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 PPDF at https://www.zacks.com/ap/PPDF

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