SHENZHEN, China (AP) _ Lexinfintech Holdings Ltd (LX) on Tuesday reported first-quarter net income of $108.6 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Shenzhen, China-based company said it had net income of 53 cents.
The online consumer finance company posted revenue of $449.3 million in the period.
Lexinfintech shares have risen 36% since the beginning of the year. The stock has climbed 12% in the last 12 months.
The Associated Press