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.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LX at https://www.zacks.com/ap/LX

The Associated Press

The post Lexinfintech: Q1 Earnings Snapshot appeared first on 660 NEWS.

Leave a Comment

Your email address will not be published. Required fields are marked *