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Stock impact report

World Acceptance Corporation Reports Fiscal 2022 First Quarter Results

World Acceptance Corporation (WRLD) 
Last world acceptance corporation earnings: 1/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: loansbyworld.com/about-us/investors
Company Research Source: Business Wire
GREENVILLE, S.C.--(BUSINESS WIRE)--World Acceptance Corporation (NASDAQ: WRLD) today reported financial results for its first fiscal quarter 2022 and three months ended June 30, 2021.First quarter highlights:Loans outstanding of $1.22 billion, a 14.5% increase from the same quarter prior yearTotal revenues of $129.7 million, a 4.7% increase from the same quarter prior yearNet income of $15.8 million, a $0.3 million increase from $15.5 million in same quarter prior yearNet income per diluted share of $2.44, a $0.20 increase from $2.24 per share in same quarter prior yearSignificant decrease in net charge-off rate and delinquency from same quarter prior yearCash flow from operating activities of $197.2 million over the last twelve monthsPortfolio resultsGross loans outstanding increased to $1.22 billion as of June 30, 2021, a 14.5% increase from the $1.07 billion of gross loans outstanding as of June 30, 2020. During the quarter, gross loans outstanding increased 10.7%, or $118.4 mi Show less Read more
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