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Stock impact report

PROG Holdings Reports Fourth Quarter 2024 Results

PROG Holdings, Inc. (PRG) 
Company Research Source: Business Wire
Consolidated revenues of $623.3 million; Net earnings of $57.5 millionAdjusted EBITDA of $65.7 millionDiluted EPS of $1.34; Non-GAAP Diluted EPS of $0.80Progressive Leasing GMV of $597.5 million, 9.1% growth year-over-year SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build today announced financial results for the fourth quarter ended December 31, 2024."We finished 2024 with an excellent fourth quarter, delivering a third consecutive quarter of strong GMV growth and approximating the high end of our outlook ranges for both our revenues and earnings for the period," said PROG Holdings President and CEO Steve Michaels. "2024 was a successful year, driven by better-than-expected GMV growth, disciplined portfolio management, cost efficiencies, and continued execution on multiple strategic fronts. Our teams' execution across sales, marketing, and technology initiatives, combin Show less Read more
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