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ENVA - Enova International Reports Solid Q2 2019 Results
Enova International Inc.
This article is going to focus on the Enova International (ENVA) Q2 2019 earning results. For more background on Enova’s business please refer to my previous article found here.
Q2 2019 results
Enova once again delivered a solid set of results with Q2 2019 revenue growing 13%, adjusted EBITDA 15% and adjusted earnings per share growing 37% from the same period a year ago. Line of credit revenue grew 39% to USD111 million and installment loan and receivables purchase agreements (RPAs) grew 12% to USD138 million. The key elements driving this performance