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Yiren Digital Ltd Revenue Q/Q

What is the Revenue Q/Q of Yiren Digital Ltd?

The Revenue Q/Q of Yiren Digital Ltd is -23.57%

What is the definition of Revenue Q/Q?

Quarterly revenue growth, year over year, is the increase of a company’s revenue compared to the performance in the corresponding quarter of a previous year expressed as a percentage.

quarterly growth yoy (year over year)

Quaterly revenue growth is the amount by which revenue exceeds the revenue in a previous quarter. It is beneficial to look at a company's quarterly financials to identify how the company is performing over time not just during the current period. The usage of year over year comparison is advantageous in removing seasonalities in reporting the quarterly revenue growth and observing longterm trends.

Revenue Q/Q of companies in the Finance sector on NYSE compared to Yiren Digital Ltd

What does Yiren Digital Ltd do?

yirendai (nyse: yrd) is a leading online consumer finance marketplace in china connecting investors and individual borrowers. the company provides an effective solution to address largely underserved investor and individual borrower demand in china through an online platform that automates key aspects of its operations to efficiently match borrowers with investors and execute loan transactions. yirendai deploys a proprietary risk management system, which enables the company to effectively assess the creditworthiness of borrowers, appropriately price the risks associated with borrowers, and offer quality loan investment opportunities to investors. yirendai's online marketplace provides borrowers with quick and convenient access to consumer credit at competitive prices and investors with easy and quick access to an alternative asset class with attractive returns.

Companies with revenue q/q similar to Yiren Digital Ltd