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Stock impact report

Credit Acceptance Announces Third Quarter 2024 Results

Credit Acceptance Corporation (CACC) 
Last credit acceptance corporation earnings: 1/30 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.creditacceptance.com/investor-relations
Company Research Source: GlobeNewswire
Southfield, Michigan, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $78.8 million, or $6.35 per diluted share, for the three months ended September 30, 2024 compared to consolidated net income of $70.8 million, or $5.43 per diluted share, for the same period in 2023. Adjusted net income, a non-GAAP financial measure, for the three months ended September 30, 2024 was $109.1 million, or $8.79 per diluted share, compared to $139.5 million, or $10.70 per diluted share, for the same period in 2023. The following table summarizes our financial results: (In millions, except per share data) For the Three Months Ended For the Nine Months Ended  September 30, 2024 June 30, 2024 September 30, 2023  September 30, 2024  September 30, 2023GAAP net income (loss) $        78.8  $        (47.1)  $        70.8  $        96.0  Show less Read more
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