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X Financial Shares Tumble After Q4 Results
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X Financial Shares Tumble After Q4 Results
Mar 27, 2024 11:13 AM

01:48 PM EDT, 03/27/2024 (MT Newswires) -- X Financial ( XYF ) shares tumbled about 20% in recent Wednesday trading following its Q4 results in the previous day.

Late Tuesday, the Chinese online personal finance company reported Q4 non-GAAP adjusted net income of 4.68 renminbi ($0.66) per diluted American depositary share, down from 5.22 renminbi a year earlier.

Each ADS represents six class A ordinary shares.

Revenue for the quarter ended Dec. 31 was 1.19 billion renminbi, up from 955.64 million renminbi a year earlier.

Analyst estimates were not available.

Price: 3.65, Change: -0.96, Percent Change: -20.82

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