NEW YORK, NY / ACCESSWIRE / March 17, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate ...

The art and science of stock market investing requires a tolerance for losing money on some of the shares you buy. But...

Shares of Chinese consumer credit company Qudian Inc - ADR (NYSE: QD) are falling after the company reported fourth-quarter results that grossly disappointed and announced the resignation of its CFO.For the fourth quarter, the company reported revenues of 1.93 billion yuan or $277.5 million, representing a 25.4% quarter-over-quarter decline but a 7.1% year-over-year advance.The net income plunged 87% quarter-over-quarter and 83.3% year-over-year to 127.9 million yuan or $18.4 million, or 0.49 yuan or 7 cents per ADS. On a non-GAAP basis, quarterly net in come came in at 0.59 yuan or 8 cents per ADS.Analysts estimated earnings per ADS of 0.72 yuan on revenues of 1.64 billion yuan.The company withdrew its guidance in January, citing the tough regulatory and operating environment.Why It's Important"In the second half of 2019, the regulatory environment became increasingly stringent with the introduction of further restrictions on loan collection practices, data collection and usage, and marketing campaigns of fintech platforms, as well as the regulatory requirements for P2P lending platforms to orderly exit their P2P businesses," said Min Luo, CEO of Qudian.This led to shrinkage of funding sources and a surge in delinquency rates. Qudian's delinquency rate rose to 13% at the end of the fourth quarter from around 10% at the end of the third quarter.View more earnings on QDThe company also said it's off to a challenging start in 2020, weighed down by the macroeconomic slowdown, regulatory developments and difficult operating environment.Separately, the company announced the departure of its CFO Carl Yeung, effective March 18, due to personal reasons.In pre-market trading Wednesday, Qudian shares were sliding 11.7% to $1.50.Related Links:Analyst Sees 55% Upside In Qudian SharesAnalyst: Qudian Ultimately Benefits From Chinese Loan Industry TurmoilSee more from Benzinga * The Daily Biotech Pulse: AbbVie, Allergan Agree On Divestments, Obalon Stops Obesity Balloon Sale, COVID-19 Updates * 10 Small-To-Mid-Cap Biotech Ideas For When The Coronavirus Fades * Co-Diagnostics Sees 'Aggressive Expansion' In Coronavirus Test Distribution After FDA Policy Revision(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

NEW YORK, NY / ACCESSWIRE / March 22, 2020 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

Mr. Min Luo, our Founder, Chairman and Chief Executive Officer and Ms. Sissi Zhu our VP of Investor Relations will start the call with their prepared remarks. In particular we lowered the off-balance sheet transaction volume by over 90% in this quarter compared with the fourth quarter of the previous year.

CEDARHURST, N.Y., March 17, 2020 -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of the following publicly traded companies..

Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a leading technology platform empowering the enhancement of online consumer finance experience in China, today announced its unaudited financial results for the quarter ended March 31, 2020.

Qudian Inc. ("Qudian" or the "Company") (NYSE: QD), a leading technology platform empowering the enhancement of online consumer finance experience in China, today announced that Mr. Carl Yeung has resigned from his position as the Company's Chief Financial Officer due to personal reasons, effective from March 18, 2020. Mr. Min Luo, the Company's Founder, Chairman and Chief Executive Officer, expressed appreciation for Mr. Yeung's many contributions to the development of the Company on behalf of the Board of Directors and management team. In addition, the Company announced the promotion of Mr. Yan Gao to Vice President of Finance and Ms. Sissi Zhu to Vice President of Investor Relations.

Qudian Inc. ("Qudian" or the "Company") (NYSE: QD), a leading technology platform empowering the enhancement of online consumer finance experience in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2020 before the U.S. markets open on May 26, 2020.

MONDAY DEADLINE ALERT: The Schall Law Firm Announces it is Investigating Claims Against Qudian Inc.

NEW ORLEANS, March 18, 2020 -- ClaimsFiler, a FREE shareholder information service, reminds investors of pending deadlines in the following securities class action.

Unfortunately for some shareholders, the Qudian (NYSE:QD) share price has dived 42% in the last thirty days. Given the...

Qudian Inc. ("Qudian" or the "Company") (NYSE: QD), a leading technology platform empowering the enhancement of online consumer finance experience in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 with the Securities and Exchange Commission on April 27, 2020 (U.S. Time). The annual report on Form 20-F can be accessed on the Company's investor relations website at http://ir.qudian.com.

Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until March 23, 2020 to file lead plaintiff applications in a securities class action lawsuit against Qudian Inc. (NYSE: QD), if they purchased the Company's securities between December 13, 2018 and January 15, 2020, inclusive (the "Class Period"). This action is pending in the United States District Court for the Southern District of New York.

NEW YORK, NY / ACCESSWIRE / March 19, 2020 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss ...

Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until March 23, 2020 to file lead plaintiff applications in a securities class action lawsuit against Qudian Inc. (NYSE: QD), if they purchased the Company’s securities between December 13, 2018 and January 15, 2020, inclusive (the "Class Period"). This action is pending in the United States District Court for the Southern District of New York.

Shares of Qudian (NYSE:QD) fell 5.3% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share fell 202.04% year over year to ($0.50), which missed the estimate of ($0.26).Revenue of $135,277,000 decreased by 56.70% from the same period last year, which missed the estimate of $169,870,000.Guidance Qudian hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.How To Listen To The Conference Call Date: May 26, 2020View more earnings on QDTime: 07:00 AMET Webcast URL: https://apac.directeventreg.com/der/toRegistration.actionPrice Action Company's 52-week high was at $9.2152-week low: $1.21Price action over last quarter: Up 4.32%Company Profile Qudian Inc is a provider of online credit products using data-enabled technologies, such as artificial intelligence and machine learning in China. The company has two reportable segments namely Installment credit services and Transaction services. It generates maximum revenue from the Installment credit services segment. The company derives the majority revenue from the China region. It offers cash credit products, which provide funds in digital form, and merchandise credit products.See more from Benzinga * 12 Financial Services Stocks Moving In Monday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

NEW YORK, NY / ACCESSWIRE / March 18, 2020 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly-traded companies. Shareholders ...

NEW YORK, NY / ACCESSWIRE / March 23, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate ...

Qudian Inc. ("Qudian" or the "Company") (NYSE: QD), a leading technology platform empowering the enhancement of online consumer finance experience in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2019.