Upstart: GAAP Inflection Point

Core Insights - Upstart reported better-than-expected earnings for its second fiscal quarter, driven by strong originations and demand for personal loans [1] - The company also experienced strong conversions, indicating robust performance in its lending operations [1] Financial Performance - The earnings report highlighted significant growth in originations, which contributed positively to the overall financial results [1] - Demand for Upstart's personal loans remained strong, suggesting a favorable market environment for the fintech sector [1]