SHENZHEN, China (AP) _ Lexinfintech Holdings Ltd (LX) on Tuesday reported third-quarter net income of $50.8 million.

On a per-share basis, the Shenzhen, China-based company said it had net income of 26 cents.

The online consumer finance company posted revenue of $464.5 million in the period.

Lexinfintech shares have decreased 40% since the beginning of the year. The stock has declined 29% in the last 12 months.

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