Welcome to our dedicated page for Atlanticus Holdings news (Ticker: ATLC), a resource for investors and traders seeking the latest updates and insights on Atlanticus Holdings stock.
Atlanticus Holdings Corporation (ATLC) delivers innovative credit solutions through its technology-driven financial services platform. This news hub provides investors and stakeholders with essential updates on corporate developments, strategic partnerships, and operational milestones.
Access timely press releases covering earnings reports, credit portfolio expansions, and technology initiatives. Our curated collection helps users track ATLC's progress in consumer finance markets while maintaining awareness of risk management practices and regulatory compliance updates.
Key updates include quarterly financial results, leadership announcements, product launches in private label credit programs, and advancements in predictive analytics capabilities. Bookmark this page for direct access to original source materials and objective reporting on ATLC's market activities.
Atlanticus Holdings (NASDAQ: ATLC) announced that its Board of Directors has approved a quarterly cash dividend of $0.476563 per share for Series B Cumulative Perpetual Preferred shareholders.
The dividend will be distributed on or around June 15, 2024, to shareholders on record as of June 1, 2024. Atlanticus is a financial technology company focusing on inclusive financial services for banks, retail, and healthcare partners in the U.S.
Atlanticus Holdings (NASDAQ: ATLC) reported an 11.2% growth in total operating revenue for the first quarter of 2024, with managed receivables increasing by 12.8% to $2.3 billion. The company served over 3.5 million accounts, generating a return on average shareholders' equity of 19.6%. Net income attributable to common shareholders was $19.9 million, or $1.09 per diluted common share. Despite challenges such as higher delinquency rates and a changing regulatory environment, Atlanticus remains focused on achieving target returns and expanding its platform.
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