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Lexin Reports Q2 2025 Financial Results: Revenue Hits RMB 3.59B with 15.6% QoQ Growth; Profit Rises for 5 Straight Quarters as Scenario-Based Transactions Surge to Spur Consumption
GlobeNewswire· 2025-08-08 21:00
Financial Performance - Lexin reported Q2 2025 revenue of RMB 3.59 billion, a 15.6% increase quarter-over-quarter (QoQ) [1] - Non-GAAP EBIT profit reached RMB 670 million, up 15.2% QoQ and 116.4% year-over-year (YoY), marking the highest profit in 14 quarters [1] - The company's transaction volume in Q2 was RMB 52.86 billion, with total loans under management at RMB 105.78 billion and user count reaching 236 million [3] Asset Quality - Risk indicators improved for four consecutive quarters, with the First-payment default (FPD7) of newly added assets decreasing by approximately 5% QoQ [4] - The delinquency rate of all assets dropped by about 2% QoQ, and the 90+ day non-performing loan ratio fell by around 6% QoQ [4] - The profit margin in Q2 increased by 34 basis points compared to Q1, with consistent quarterly growth of over 20 basis points [6] Shareholder Returns - A cash dividend of US$0.194 per ADS will be distributed on September 15, representing approximately 25% of the first-half net profit, a 76% increase from the previous dividend [7] - The dividend payout ratio will increase from 25% to 30% of net profit starting in the second half of the year [7][8] - Lexin launched a US$60 million share-repurchase program to enhance shareholder returns [8] Strategic Initiatives - The company is focusing on a strategic transformation driven by risk and data, achieving refined operations and high-quality growth [9] - Lexin is aligning with government policies to boost consumption by enriching its product suite and optimizing user experience [10] - The Fenqile Mall upgraded its supply chain and saw a 139% YoY increase in GMV during the "6·18" promotion period [12] Inclusive Finance - Fenqile Inclusive upgraded its products using big data and AI, facilitating RMB 4.69 billion in loan disbursements to small and micro enterprises [14] - The company supports small enterprises with low-interest, high-limit financial products, enhancing their resilience [13] Digital Technology and Risk Management - Lexin invested RMB 160 million in R&D in Q2, up 10% YoY, focusing on risk control and operational resilience [18] - The company upgraded its risk control system using AI large models, improving decision-making efficiency and risk management accuracy [20] - Lexin's self-developed AI Agent positions increased to 50, with plans to expand to over 100, enhancing operational efficiency [21][22] Consumer Protection - Lexin is integrating consumer protection into its business chain, improving over 50 digital tools to enhance service response and user satisfaction [23]
Fiserv, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before September 22, 2025 to Discuss Your Rights – FI
GlobeNewswire News Room· 2025-08-08 20:15
NEW YORK, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Fiserv, Inc. ("Fiserv, Inc." or the "Company") (NYSE: FI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fiserv, Inc. investors who were adversely affected by alleged securities fraud between July 24, 2024 and July 22, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/fiserv-inc-lawsuit-submission ...
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Fiserv
Prnewswire· 2025-08-08 14:35
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (a) due to cost issues and other problems with its older Payeezy platform, Fiserv ...
Lost Money on Fiserv, Inc.(FI)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
Prnewswire· 2025-08-08 12:45
NEW YORK, Aug. 8, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Fiserv, Inc. ("Fiserv, Inc." or the "Company") (NYSE: FI) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fiserv, Inc. investors who were adversely affected by alleged securities fraud between July 24, 2024 and July 22, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/fiserv-inc-lawsuit-submission-form?p ...
X @Bloomberg
Bloomberg· 2025-08-07 23:50
Blackstone and Thoma Bravo are in talks with Australian financial technology software firm Iress over a possible takeover that could value the firm at about A$2 billion https://t.co/XRHglsHdck ...
Gen Digital (GEN) - 2026 Q1 - Earnings Call Transcript
2025-08-07 22:02
Gen Digital (GEN) Q1 2026 Earnings Call August 07, 2025 05:00 PM ET Company ParticipantsJason Starr - VP - IRVincent Pilette - CEO & Chair of the BoardNatalie Derse - CFORoger Boyd - Executive DirectorRobert Coolbrith - VP - Internet Equity ResearchSaket Kalia - Managing DirectorConference Call ParticipantsAndrew Nowinski - Senior Research AnalystDan Bergstrom - Software AnalystOperatorGood afternoon, everyone, and thank you for standing by. My name is Sheila, and I will be your conference operator today. T ...
Gen Digital (GEN) - 2026 Q1 - Earnings Call Transcript
2025-08-07 22:00
Gen Digital (GEN) Q1 2026 Earnings Call August 07, 2025 05:00 PM ET Speaker0Good afternoon, everyone, and thank you for standing by. My name is Sheila, and I will be your conference operator today. Today's call is being recorded, and all lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. At this time, for opening remarks, I would like to pass the call over to Jason Starhead of Investor Relations.Please proceed.Speaker1Tha ...
The Gross Law Firm Notifies Fiserv, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – FI
GlobeNewswire News Room· 2025-08-07 20:36
NEW YORK, Aug. 07, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Fiserv, Inc. (NYSE: FI). Shareholders who purchased shares of FI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/fiserv-inc-loss-submission-form/?id=159981&from=3 CLASS PERIOD: July 24, 2024 to July 22, 2 ...
StoneCo Reports Second Quarter 2025 Results
Newsfile· 2025-08-07 20:05
Core Viewpoint - StoneCo Ltd. reported its financial results for the second quarter ended June 30, 2025, highlighting its performance in the financial technology sector [1]. Financial Results - The financial results for Q2 2025 were released on August 7, 2025, and are available on the company's Investor Relations website [1]. - A teleconference to discuss these results was scheduled for the same day at 5:00 PM ET / 6:00 PM BRT [2]. Company Overview - StoneCo is recognized as a leading provider of financial technology solutions, enabling merchants to conduct commerce seamlessly across various channels [4]. - The company offers a range of services including payments, banking, credit, and software solutions to help businesses grow [4].
Priority Technology (PRTH) - 2025 Q2 - Earnings Call Presentation
2025-08-07 14:00
Q2 2025 Financial Performance - Priority Technology Holdings' total revenue increased by 9% to $239.8 million in Q2 2025[14] - Adjusted Gross Profit increased by 13% to $92.4 million, with Adjusted Gross Profit margin increasing by 135 basis points to 38.5%[16, 17] - Adjusted EBITDA increased by 9% to $56.0 million[20] - Year-to-date revenue increased by 9% to $464.4 million[24] - Year-to-date Adjusted Gross Profit increased by 14% to $179.7 million, with Adjusted Gross Profit margin increasing by 150 basis points to 38.7%[26, 27] - Year-to-date Adjusted EBITDA increased by 10% to $107.3 million[30] Segment Performance in Q2 2025 - SMB revenue was $163.2 million, a 5% year-over-year increase, with Adjusted Gross Profit of $35.4 million and Adjusted EBITDA of $27.7 million[47] - B2B revenue was $25.0 million, a 14% year-over-year increase, with Adjusted Gross Profit of $7.3 million and Adjusted EBITDA of $3.8 million[53] - Enterprise revenue was $52.7 million, a 21% year-over-year increase, with Adjusted Gross Profit of $49.7 million and Adjusted EBITDA of $45.6 million[59] - B2B and Enterprise segments represented approximately 62% of Adjusted Gross Profit[44] Capital Structure and Guidance - As of June 30, 2025, the company's total debt balance was $935.5 million, with a net debt of $884.9 million and a net leverage ratio of 4.1x[68, 69] - The company revised its 2025 financial guidance, projecting total revenue between $970 million and $990 million, Adjusted Gross Profit between $365 million and $380 million, and Adjusted EBITDA between $222.5 million and $227.5 million[9, 74, 76]