Oportun Financial Q4 Earnings Call Highlights

In the fourth quarter, originations were $495 million , down 5% year over year, which Appleton attributed primarily to credit tightening actions. Total revenue was $248 million , down 1% year over year, which Appleton said reflected the absence of $3.8 million of credit card revenue in the prior-year quarter following the sale of the company’s credit card portfolio in November.Appleton also said full-year 2023 adjusted EPS was $1.36 , toward the high end of the company’s prior expectation, and that GAAP pro ...