Lexin(LX)
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LexinFintech: Eyes On Loan Origination Miss And Business Mix Changes
Seeking Alpha· 2024-09-04 14:09
J Studios/DigitalVision via Getty Images LexinFintech Holdings Ltd. (NASDAQ:LX) stock is still assigned a Hold rating. LX's Q2 loan origination was weaker than the company's prior guidance, and the chances of a meaningful improvement in LexinFintech's near-term financial performance are low. On the flip side, there are positives pertaining to LX's long-term outlook. The company is deriving a growing proportion of its top line and loans from asset-light businesses and non-China operations, respectively, ...
Lexin(LX) - 2024 Q2 - Quarterly Report
2024-08-28 10:06
Exhibit 99.1 LexinFintech Holdings Ltd. Reports Second Quarter 2024 Unaudited Financial Results SHENZHEN, China, August 27, 2024 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended June 30, 2024. "We harvested a healthy set of operational and financial results with improved risk performance for new loans, uplifted net profit fro ...
Lexin(LX) - 2024 Q2 - Earnings Call Transcript
2024-08-28 06:12
LexinFintech Holdings Ltd. (NASDAQ:LX) Q2 2024 Earnings Conference Call August 27, 2024 10:00 PM ET Company Participants Mandy Dong - Head, Investor Relations Jay Xiao - Chief Executive Officer Arvin Qiao - Chief Risk Officer James Zheng - Chief Financial Officer Conference Call Participants Yada Li - CICC Zoe Zou - CLSA Alex Ye - UBS Operator Good day, and thank you for standing by. Welcome to the LexinFintech Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only ...
LexinFintech Holdings Ltd. Reports Second Quarter 2024 Unaudited Financial Results
GlobeNewswire News Room· 2024-08-27 23:00
SHENZHEN, China, Aug. 27, 2024 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended June 30, 2024. "We harvested a healthy set of operational and financial results with improved risk performance for new loans, uplifted net profit from the first quarter of 2024, and controlled loan origination in the second quarter of 2024," said ...
LexinFintech Holdings Ltd. to Report Second Quarter 2024 Unaudited Financial Results on August 27, 2024
GlobeNewswire News Room· 2024-08-19 08:00
SHENZHEN, China, Aug. 19, 2024 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading credit technology-empowered consumer financial service enabler in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2024, after the U.S. market closes on Tuesday, August 27, 2024. The Company’s management will host an earnings conference call at 10:00 PM U.S. Eastern time on August 27, 2024 (10:00 AM Beijing/Hong Kong ...
Lexin(LX) - 2024 Q1 - Earnings Call Presentation
2024-06-08 06:33
Investor Presentation First Quarter 2024 Results Disclaimer This presentation has been prepared by LexinFintechHoldings Ltd (the “Company”) pursuant to Section 5(d) of the U.S. Securities Act of 1933, as amended (the “Securities Act”) solely for informational purposes and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any investmentactivity or trading strategy, nor may it or any part of it form the basis of or be relied on in conne ...
Lexin(LX) - 2024 Q1 - Earnings Call Transcript
2024-05-24 13:39
LexinFintech Holdings Ltd. (NASDAQ:LX) Q1 2024 Results Conference Call May 23, 2024 10:00 PM ET Company Participants Mandy Dong - Director, Investor Relations Jay Xiao - Founder, Chairman, and Chief Executive Officer Arvin Qiao - Chief Risk Officer James Zheng - Chief Financial Officer Conference Call Participants Frank Zheng - UBS Yada Li - CICC Zoe Zou - CLSA Operator Good day, and thank you for standing by. Welcome to LexinFintech First Quarter 2024 Earnings Conference Call. [Operator Instructions] Pleas ...
LexinFintech Holdings Ltd. Reports First Quarter 2024 Unaudited Financial Results
Newsfilter· 2024-05-23 23:00
SHENZHEN, China, May 23, 2024 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ:LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended March 31, 2024. "In the first quarter of 2024, Lexin reported total loan origination of RMB58.0 billion, a decrease of 4.8% year-over-year, reflecting a strategy of controlled growth. The outstanding loan balance grew by 13.5% to RMB122 billion on a ...
LexinFintech Holdings Ltd. Reports First Quarter 2024 Unaudited Financial Results
globenewswire.com· 2024-05-23 23:00
SHENZHEN, China, May 23, 2024 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended March 31, 2024. “In the first quarter of 2024, Lexin reported total loan origination of RMB58.0 billion, a decrease of 4.8% year-over-year, reflecting a strategy of controlled growth. The outstanding loan balance grew by 13.5% to RMB122 billion on ...
LexinFintech Holdings Ltd. to Report First Quarter 2024 Unaudited Financial Results on May 23, 2024
Newsfilter· 2024-05-17 08:00
SHENZHEN, China, May 17, 2024 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ:LX), a leading credit technology-empowered consumer financial service enabler in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2024, after the U.S. market closes on Thursday, May 23, 2024. The Company's management will host an earnings conference call at 10:00 PM U.S. Eastern time on May 23, 2024 (10:00 AM Beijing/Hong Kong time on ...