Oportun Financial (OPRT) - 2023 Q4 - Annual Results

Oportun Reports Fourth Quarter and Full Year 2023 Financial Results 4Q23 Total revenue of $263 million, bringing FY23 to$1.1 billion, up 11% year-over-year Quarterly operating expense down 15% $30 million in additional operating expense reductions announced$200 million February ABS deal completed at 160 bps lower pricing than October transaction Full Year 2024 guidance reflects expectations for markedly improved profitability SAN CARLOS, CA – March 12, 2024 – Oportun Financial Corporation (Nasdaq: OPRT) ( ...