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Oportun Financial (OPRT) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-08-09 14:30
Oportun Financial Corporation (OPRT) reported $250.4 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 6.1%. EPS of $0.08 for the same period compares to $0.06 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $246.12 million, representing a surprise of +1.74%. The company delivered an EPS surprise of +144.44%, with the consensus EPS estimate being -$0.18. While investors scrutinize revenue and earnings changes year-over-year and how they ...
Oportun Financial (OPRT) - 2024 Q2 - Quarterly Report
2024-08-09 00:58
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Delaware 45-3361983 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.0001 par value per share OPRT Nasdaq Global Select Market FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transit ...
Oportun Financial Corporation (OPRT) Q2 Earnings and Revenues Top Estimates
ZACKS· 2024-08-08 23:25
Oportun Financial Corporation (OPRT) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of a loss of $0.18 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 144.44%. A quarter ago, it was expected that this company would post a loss of $0.12 per share when it actually produced earnings of $0.09, delivering a surprise of 175%. Over the last four ...
Oportun Financial (OPRT) - 2024 Q2 - Quarterly Results
2024-08-08 20:29
Oportun Reports Second Quarter 2024 Financial Results Met or exceeded each guidance metric Total operating expenses declined 20% year-over-year New collaboration with Western Union to provide lending service Signed letter of intent to sell credit card portfolio $245M warehouse facility executed after quarter-end SAN CARLOS, CA – August 8, 2024 – Oportun Financial Corporation (Nasdaq: OPRT) ("Oportun", or the "Company") today reported financial results for the second quarter ended June 30, 2024. "Overall, I' ...
Oportun to Report Second Quarter 2024 Financial Results on Thursday, August 8, 2024
Newsfilter· 2024-07-25 21:03
Oportun will host a conference call and earnings webcast to discuss results on Thursday, August 8, 2024, at 5:00 pm ET / 2:00 pm PT. A live webcast of the call will be accessible from Oportun's investor relations website at investor.oportun.com, and a webcast replay of the call will be available for one year. The dial-in number for the conference call is 1-866-604-1698 (toll-free) or 1-201-389-0844 (international). Participants should call in 10 minutes prior to the scheduled start time. Oportun (NASDAQ:OPR ...
Oportun to Report Second Quarter 2024 Financial Results on Thursday, August 8, 2024
GlobeNewswire News Room· 2024-07-25 21:03
Oportun (Nasdaq: OPRT) is a mission-driven fintech that puts its members' financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $18.2 billion in responsible and affordable credit, saved its members more than $2.4 billion in interest and fees, and helped its members save an average of more than $1,800 annually. For more information, visit Op ...
Oportun Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)
Newsfilter· 2024-06-20 20:05
SAN CARLOS, Calif., June 20, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a missiondriven fintech, today announced that on June 14, 2024, it granted a total of 142,478 restricted stock units to 39 new employees who joined Oportun in 2024. The grants were made from the Oportun 2021 Inducement Equity Incentive Plan. The restricted stock unit awards either have a (i) four-year vesting term and 25% will vest on the one-year anniversary of the grant date, with the balance vesting in twelve substantially equa ...
Oportun to Present at Sidoti June Virtual Investor Conference
GlobeNewswire News Room· 2024-06-06 20:06
Oportun's Chief Executive Officer, Raul Vazquez, and Chief Financial Officer & Chief Administrative Officer, Jonathan Coblentz, will present and participate in investor meetings at the conference. The presentation will begin at 4:00 pm ET on June 12th and can be accessed live at this link. SAN CARLOS, Calif., June 06, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, today announced that it will participate in the upcoming Sidoti June Virtual Investor Conference. About Oportun A lin ...
Oportun to Present at Sidoti June Virtual Investor Conference
Newsfilter· 2024-06-06 20:06
SAN CARLOS, Calif., June 06, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, today announced that it will participate in the upcoming Sidoti June Virtual Investor Conference. Oportun's Chief Executive Officer, Raul Vazquez, and Chief Financial Officer & Chief Administrative Officer, Jonathan Coblentz, will present and participate in investor meetings at the conference. The presentation will begin at 4:00 pm ET on June 12th and can be accessed live at this link. A link to the prese ...
Oportun Financial (OPRT) - 2024 Q1 - Earnings Call Transcript
2024-05-11 04:50
Oportun Financial Corporation (NASDAQ:OPRT) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Dorian Hare - Senior Vice President, Investor Relations Raul Vazquez - Chief Executive Officer Jonathan Coblentz - Chief Financial Officer and Chief Administrative Officer Conference Call Participants David Scharf - Citizens JMP Matthew Hurwit - Jefferies Operator Welcome to Oportun’s Financial Corporation First Quarter 2024 Earnings Conference Call. [Operator Instructions]. As a reminder ...