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XIAMEN, China (AP) — XIAMEN, China (AP) — Qudian Inc. (QD) on Monday reported a loss of $16.5 million in its fourth quarter.
On a per-share basis, the Xiamen, China-based company said it had a loss of 8 cents.
The online micro-lending company posted revenue of $9 million in the period.
For the year, the company reported profit of $5.5 million, or 3 cents per share. Revenue was reported as $17.8 million.
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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 QD at https://www.zacks.com/ap/QD