CURO Group Holdings Corp. Announces Second Quarter 2019 Financial Results and Raises 2019 Guidance
CURO Group Holdings Corp. (CURO)
Last curo group holdings corp. earnings: 5/1 04:00 pm
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US:NYSE Investor Relations:
ir.curo.com/news-releases/2018/02-01-2018-234246861
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Source: Business Wire
WICHITA, Kan.--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE: CURO) (“CURO” or the “Company”), a market leader in providing short-term credit to underbanked consumers, today announced financial results for its second quarter ended June 30, 2019.“We are pleased to report another very solid quarter with momentum that raises our expectations for full-year 2019 earnings,” said Don Gayhardt, President and Chief Executive Officer. “Our Canadian business posted year-over-year non-GAAP Adjusted EBITDA growth of 19.1% on continued improvement in credit quality. Our U.S. business continues to perform well with year-over-year 10.5% revenue growth on 11.0% loan growth. We believe that general economic conditions continue to be favorable for our customers and we are very focused on making disciplined credit and customer acquisition spending decisions. Our strong operating cost controls are helping to drive efficiencies and operating leverage, which helped us to grow non-GAAP Adjusted Dilute
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