Qifu Technology reports Q3 results, launches $450 million share repurchase plan
- Qifu Technology (NASDAQ:QFIN) on Wednesday launched a new $450 million share repurchase plan for 2025, and reported adjusted net income per fully diluted ADS of RMB12.35 ($1.76), compared to RMB7.20 in the same period of 2023.
- Total net revenue was RMB4,370.2 million ($622.7 million), compared to RMB 4,281.0 million in the same period of 2023.
- Non-GAAP income from operations was RMB2,315.5 million ($330.0 million), compared to RMB 1,432.2 million in the same period of 2023.
- As of September 30, cumulative users with approved credit lines were 55.2 million, an increase of 12.2% from 49.2 million as of September 30, 2023.
- Source: Press Release