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Stock impact report

EZCORP Reports Third Quarter Fiscal 2023 Results

EZCORP, Inc. - Class A Non-Voting (EZPW) 
Last ezcorp, inc. - class a non-voting earnings: 2/3 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ezcorp.com
Company Research Source: Business Wire
Record Pawn Loans Outstanding and Third Quarter Merchandise Sales Drive Strong Revenue and Earnings Growth AUSTIN, Texas--(BUSINESS WIRE)--EZCORP, Inc. (NASDAQ: EZPW), a leading provider of pawn transactions in the United States and Latin America, today announced results for its third quarter ended June 30, 2023.Unless otherwise noted, all amounts in this release are in conformity with U.S. generally accepted accounting principles ("GAAP") and comparisons shown are to the same period in the prior year.THIRD QUARTER HIGHLIGHTSPawn loans outstanding (PLO) up 12% to $229.4 million.Total revenue increased 19%, and gross profit increased 15%.Merchandise sales gross margin remains within our targeted range at 36%.Net income increased $6.0 million to $18.2 million.Diluted earnings per share of $0.24, up from $0.17. On an adjusted basis1, diluted earnings per share of $0.20, compared to $0.16.Return on earning assets (ROEA) remains strong at 161%.CEO COMMENTARY AND OUTLOOKLachie Given, Chi Show less Read more
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