OppFi Reports Record Second Quarter Profitability and Revenue, Raises Full-Year Earnings Outlook By More Than 20%
OppFi Inc. Class A (OPFI)
Company Research
Source: Business Wire
Net income increased 53.1% year over year to $27.7 million, a Company record for a second quarterAdjusted net income increased 56.2% year over year to $24.8 million, a Company record for a second quarterBasic and diluted EPS of $0.16 and $0.16, respectivelyAdjusted EPS increased 53.5% year over year to $0.29Net charge-off rate as a percentage of total revenue decreased 370 basis points year over year to 32.5%Total revenue yield increased by 600 basis points year over year to 134.8%Total revenue increased 3.1% year over year to $126.3 million, a Company record for a second quarterAdjusted EPS guidance for full-year 2024 increased to $0.73 to $0.75 from $0.58 to $0.62Adjusted EPS guidance for third quarter of 2024 introduced as $0.20 to $0.22 CHICAGO--(BUSINESS WIRE)--OppFi Inc. (NYSE: OPFI) (“OppFi” or the “Company”), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, today reported fina
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OPFI
News
- OppFi Announces Third Quarter 2024 Earnings Conference CallBusiness Wire
- OppFi Inc. (OPFI): Expanding Financial Access for Millions of Americans [Yahoo! Finance]Yahoo! Finance
- OppFi: This Fintech Could Have More To Rally [Seeking Alpha]Seeking Alpha
- Is the Options Market Predicting a Spike in OppFi (OPFI) Stock? [Yahoo! Finance]Yahoo! Finance
- Jeri Larsen strengthens LoanPro executive team as Chief Customer Officer [Yahoo! Finance]Yahoo! Finance
OPFI
Earnings
- 8/7/24 - Beat
OPFI
Sec Filings
- 11/5/24 - Form 4
- 11/5/24 - Form 4
- 11/4/24 - Form 4
- OPFI's page on the SEC website