05:13 PM EDT, 05/29/2024 (MT Newswires) -- Noah Holdings ( NOAH ) reported Q1 non-GAAP earnings Wednesday of 2.31 Chinese renminbi ($0.32) per diluted American depositary share, down from 3.45 renminbi a year earlier.

Net revenue for the quarter ended March 31 was 649.5 million renminbi, down from 803.5 million renminbi a year earlier.

No analyst estimates were available on Capital IQ for comparison.

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