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Summary The market is greatly overestimating the effect of higher rates and inflation on durable goods, materials and financial companies, while underestimating the impact on speculative assets. Rather than driven by positive growth catalysts, the reversal in value leadership duri...
SAN CARLOS, Calif., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech and digital banking platform, will release financial results for its third quarter 2022 on Monday, November 7, 2022, after market close. Oportun will host a conference call and earni...
SAN CARLOS, Calif., Sept. 26, 2022 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech and digital banking platform, today announced that it has been named the 2022 Finovate Award Winner for Excellence in Sustainability. The Finovate Awards recognize exceptional contributio...
SAN CARLOS, Calif., Sept. 19, 2022 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech and digital banking platform, today announced that it will participate in the upcoming Sidoti September Virtual Investor Conference. Oportun’s Chief Executive Officer Raul Vazq...
SAN CARLOS, Calif., Sept. 15, 2022 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (Nasdaq: OPRT) (the “Company” or “Oportun”), a mission-driven fintech and digital banking platform, today announced that it has closed a $150 million senior secured term loan due...
SAN CARLOS, Calif., Sept. 07, 2022 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech and digital banking platform, today announced that it will participate in the upcoming Barclays Global Financial Services Conference. Oportun’s Chief Executive Officer Raul V...
--News Direct-- A better financial future Our Impact $12+ billion credit extended in 2006 $2+ billion saved in lending interest and fees $36 million invtestments in low-cost ETF portfolios by Digit members since 2020 $7.2 billion saved b...
--News Direct-- Snigdha Kumar , our Head of Product Operations at Digit , has had a passion for financial inclusion since her academic days and throughout her career. She recently shared her story with Profile Magazine and explains her vision for how the use of tec...
Oportun Financial ( OPRT ) is trading ~28% lower after its Q2 earnings beat, because of a lowered FY22 profit expectations, reflecting a weakening macroeconomic backdrop. Q2 non-GAAP EPS of $0.11 (vs. $0.56 Y/Y) beats by $0.02, while revenue of $226M (+63.4% Y/Y) beats by $1...
Gainers: Pennsylvania Real Estate Investment Trust ( PEI ) +22%, Ambac Financial ( AMBC ) +16%, Lemonade ( LMND ) +13%, American Equity Investment Life ( AEL ) +12%, Puhui Wealth Investment Management ( PHCF ) +11% . Losers: MAGIC EM...
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SAN CARLOS, Calif., July 25, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, will release financial results for its second quarter 2024 on Thursday, August 8, 2024, after market close. Oportun will host a conference call and earnings webcast to discuss results on ...
SAN CARLOS, Calif., June 06, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, today announced that it will participate in the upcoming Sidoti June Virtual Investor Conference. Oportun’s Chief Executive Officer, Raul Vazquez, and Chief Financial Officer &...
Strong performance versus guidance Total operating expenses declined 15% sequentially and 25% year-over-year GAAP net loss sharply reduced by $76M year-over-year, returned to adjusted profitability Additional $150M whole loan sale agreement executed in May ...