Oportun Reports Fourth Quarter and Full Year 2023 Financial Results
Oportun Financial Corporation - common stock (OPRT)
Last oportun financial corporation - common stock earnings: 2/27 04:05 pm
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Source: GlobeNewswire
4Q23 Total revenue of $263 million, bringing FY23 to $1.1 billion, up 11% year-over-year Quarterly operating expense down 15% $30 million in additional operating expense reductions announced $200 million February ABS deal completed at 160 bps lower pricing than October transaction Full Year 2024 guidance reflects expectations for markedly improved profitability SAN CARLOS, Calif., March 12, 2024 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (Nasdaq: OPRT) (“Oportun”, or the "Company") today reported financial results for the fourth quarter and full year ended December 31, 2023. "We executed well during the fourth quarter and met each of our guidance metrics," said Raul Vazquez, CEO of Oportun. "Our top-line remained resilient and we completed full year 2023 with a record $1.1 billion of total revenue, for 11% growth year-over-year, while continuing to focus on the quality rather than the quantity of our originations under a tightened credit posture. We
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News
- Oportun Financial Corporation (OPRT) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release [Yahoo! Finance]Yahoo! Finance
- Oportun Financial Co. (NASDAQ: OPRT) had its price target lowered by analysts at B. Riley from $9.00 to $8.00. They now have a "buy" rating on the stock.MarketBeat
- KOPN, BTCM and CETX among mid-day movers [Seeking Alpha]Seeking Alpha
- Oportun Announces Preliminary Q1 2024 Financial Information [Yahoo! Finance]Yahoo! Finance
- Oportun Announces Preliminary Q1 2024 Financial InformationGlobeNewswire
OPRT
Earnings
- 3/12/24 - Beat
OPRT
Sec Filings
- 4/29/24 - Form 10-K/A
- 4/25/24 - Form 3
- 4/23/24 - Form SC
- OPRT's page on the SEC website