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Stock impact report

PROG Holdings Reports Third Quarter 2024 Results

PROG Holdings, Inc. (PRG) 
Company Research Source: Business Wire
Consolidated revenues of $606.1 million; Net earnings of $84.0 millionAdjusted EBITDA of $63.5 millionDiluted EPS of $1.94; Non-GAAP Diluted EPS of $0.77Progressive Leasing GMV of $456.7 million, 11.6% growth year-over-yearRaises full year consolidated revenue and earnings outlook 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 third quarter ended September 30, 2024."We are pleased to report another strong quarter, highlighted by 11.6% GMV growth and a return to revenue growth in our Progressive Leasing segment" said PROG Holdings President and CEO Steve Michaels. This momentum is driven by the effectiveness of our three-pillared strategy to grow, enhance, and expand, along with the strong execution by our teams and the benefits from the credit supply above us tightening. Our focus on enhancing both customer and retailer experi Show less Read more
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