OPFI - OppFi Non-GAAP EPS of $0.05 beats by $0.06 revenue of $120.4M beats by $3.65M
2023-05-11 16:11:21 ET
- OppFi press release ( NYSE: OPFI ): Q1 Non-GAAP EPS of $0.05 beats by $0.06 .
- Revenue of $120.4M (+19.6% Y/Y) beats by $3.65M .
- “Given this performance and greater confidence for the remainder of the year, we are raising our guidance for full-year adjusted net income and adjusted earnings per share,” Todd Schwartz, Chief Executive Officer and Executive Chairman of OppFi.
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Full Year 2023 Guidance Update
- Affirm total revenue
- $500 million to $520 million, resulting in approximately 10% to 15% growth year over year; vs. $509.77M consensus
- Raise adjusted net income
- $24 million to $30 million, from previous range of $22 million to $28 million; and
- Increase adjusted earnings per share
- $0.28 to $0.35 based on approximate weighted average diluted share count of 85.0 million, from previous range of $0.26 to $0.33, based on approximate weighted average diluted share count of 84.3 million. vs. $0.28 consensus.
- Affirm total revenue
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OppFi Non-GAAP EPS of $0.05 beats by $0.06, revenue of $120.4M beats by $3.65M