Qifu Technology reports Q3 results

Qifu Technology press release (NASDAQ:QFIN): Q3 Non-GAAP EPS of $0.99.
Revenue of $586.76M (+0.7% Y/Y) beats by $15.24M.
As of September 30, 2023, our platform has connected 155 financial institutional partners and 227.9 million consumers^*1 with potential credit needs, cumulatively, an increase of 12.0% from 203.5 million a year ago.
Cumulative users with approved credit lines^*2 were 49.2 million as of September 30, 2023, an increase of 14.4% from 43.0 million as of September 30, 2022.
90 day+ delinquency rate^*⁸ of loans originated by financial institutions across our platform was 1.82% as of September 30, 2023.
Repeat borrower contribution^*⁹ of loans originated by financial institutions across our platform for the third quarter of 2023 was 91.5%.

Tags: QFIN