XIAMEN, China (AP) _ Qudian Inc. (QD) on Tuesday reported first-quarter net income of $73 million, after reporting a loss in the same period a year earlier.
The Xiamen, China-based company said it had profit of 28 cents per share.
The online micro-lending company posted revenue of $78.7 million in the period.
The company's shares closed at $2.44. A year ago, they were trading at $1.52.
The Associated Press