PDD Holdings and Qfin Holdings Report Q1 Earnings Misses

PDD Holdings reported a Non-GAAP EPADS of $1.38, missing estimates by $1.03, with revenue of $15.4 billion also missing by $710 million. Qfin Holdings also reported a Non-GAAP EPADS of $1.12 and revenue of $566.7 million, while providing its Q2 outlook.