Welcome to our dedicated page for Ezcorp news (Ticker: EZPW), a resource for investors and traders seeking the latest updates and insights on Ezcorp stock.
EZCORP Inc (NASDAQ: EZPW) operates a unique dual model in consumer finance and retail, providing pawn loan services across 1,250+ locations in the United States and Latin America. This news hub offers investors and financial professionals centralized access to verified corporate developments and market-moving information.
Key updates include earnings reports, store expansion announcements, regulatory filings, and leadership changes. Our curated news stream covers operational milestones like collateral loan performance metrics and pre-owned merchandise sales trends without speculative commentary.
Regularly updated content enables users to track pawn industry developments and consumer credit market dynamics impacting EZPW. All material undergoes strict verification to ensure compliance with financial reporting standards. Bookmark this page for efficient monitoring of EZCORP's strategic initiatives in secured lending and secondary retail markets.
EZCORP (NASDAQ: EZPW) has successfully retired its $103.4 million 2.375% Convertible Senior Notes Due 2025. The notes, originally issued in 2018, were primarily settled through conversion into company stock, with holders converting approximately $97.0 million into roughly 6.1 million shares of EZCORP Class A Common Stock at a conversion price of $15.90 per share. The remaining balance of about $6.4 million was repaid in cash, along with $1.2 million in interest and fractional share payments.
EZCORP reported strong Q2 fiscal 2025 results with significant growth across key metrics. Pawn loans outstanding (PLO) reached a record Q2 level, increasing 11% to $261.8 million.
Financial highlights include:
- Net income up 18% to $25.4 million
- Total revenues increased 7% to $306.3 million
- Diluted earnings per share rose 14% to $0.33
- Adjusted EBITDA grew 23% to $45.1 million
The company completed a $300 million private offering of senior notes due 2032, strengthening its financial flexibility. U.S. operations showed strong performance with PLO up 15%, while Latin America saw PLO growth of 17% on a constant currency basis.
CEO Lachie Given attributed the growth to increased demand from value-conscious consumers amid persistent inflation, improved operational performance, and disciplined cost management. The company maintains 542 stores in the U.S. and 742 locations in Latin America.
EZCORP (NASDAQ: EZPW), a leading pawn transactions provider in the United States and Latin America, has scheduled the release of its second quarter fiscal 2025 financial results on Monday, April 28, 2025, after market close. The results will cover the period ended March 31, 2025.
The company will host a webcast and conference call to discuss the results on Tuesday, April 29, 2025, at 9:00 a.m. Eastern time. Presentation slides will be available in the Investor Relations section of EZCORP's website after market close on April 28. A replay of the conference call will be accessible online at investors.ezcorp.com shortly after the live call concludes.
EZCORP (NASDAQ: EZPW) has successfully closed a private offering of $300 million senior notes due 2032. The notes, offered to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S, will bear interest at 7.375% per annum, payable semiannually starting October 1, 2025.
The company secured net proceeds of approximately $292.5 million after deducting initial purchasers' discounts and estimated offering expenses. EZCORP plans to use about $103.4 million to repay its outstanding 2.375% Convertible Senior Notes Due 2025 at maturity, with excess proceeds allocated for general corporate purposes.
The notes are senior unsecured obligations, fully guaranteed by certain wholly owned domestic subsidiaries, with maturity set for April 1, 2032, unless redeemed or repurchased earlier.
EZCORP (NASDAQ: EZPW) has announced the pricing of a $300 million private offering of senior notes due 2032. The notes, offered to qualified institutional buyers, will bear interest at 7.375% per annum, payable semiannually starting October 1, 2025.
The company expects to generate net proceeds of approximately $292.5 million after deducting initial purchasers' discounts and offering expenses. Of this amount, $103.4 million will be used to repay outstanding 2.375% Convertible Senior Notes Due 2025 at maturity, with excess proceeds allocated for general corporate purposes.
The notes will be senior unsecured obligations, fully guaranteed by certain wholly owned domestic subsidiaries. The offering is expected to close on March 28, 2025, subject to customary conditions.
EZCORP (NASDAQ: EZPW), a leading pawn transactions provider in the US and Latin America, has announced a private offering of $300 million senior notes due 2032. The notes will be senior unsecured obligations, fully guaranteed by certain wholly owned domestic subsidiaries.
The company plans to use the proceeds to repay its outstanding 2.375% Convertible Senior Notes Due 2025 at maturity, with the remainder allocated for general corporate purposes. The offering is exclusively available to qualified institutional buyers under Rule 144A and certain non-U.S. persons under Regulation S of the Securities Act.
The notes and related guarantees are not registered under the Securities Act or state securities laws, and cannot be offered or sold in the United States without registration or applicable exemption.
EZCORP (NASDAQ: EZPW) has announced the termination of its definitive agreement with Presta Dinero for the acquisition of 53 stores in Mexico. The original agreement was established on September 10, 2024.
Despite this setback, the pawn loans provider, which currently operates more than 560 stores across Mexico, remains committed to its expansion strategy in the region. The company plans to continue its growth through new store openings (de novo) while maintaining a disciplined approach to potential acquisitions.
EZCORP (NASDAQ: EZPW), a leading pawn transactions provider in the United States and Latin America, has announced its upcoming Annual Meeting of Stockholders. The meeting is scheduled for Thursday, March 13, 2025 at 9:00 a.m. Central Time.
Investors can participate by registering online to receive dial-in information and a unique pin. Following the live event, a replay will be available on the company's investor relations website. Additionally, EZCORP has filed its Annual Report on Form 10-K for fiscal 2024 with the SEC, which can be accessed through the company's website. Stockholders can request a free paper copy of the report through investor relations.
EZCORP (NASDAQ: EZPW) reported strong Q1 FY2025 results with notable growth across key metrics. Pawn loans outstanding (PLO) increased 13% to $274.8 million, while net income rose 9% to $31.0 million. The company achieved total revenues of $320.2 million, up 7%, and diluted earnings per share increased 11% to $0.40.
In regional performance, U.S. Pawn saw PLO growth of 15%, while Latin America experienced a 19% PLO increase on a constant currency basis. The company's EZ+ Rewards program showed strong performance, accounting for 77% of all transacting customers. Merchandise sales gross margin remained within target at 35%, though slightly down from 36%. Cash and cash equivalents stood at $174.5 million at quarter-end.
EZCORP (NASDAQ: EZPW), a leading pawn transactions provider in the United States and Latin America, has announced it will release its first quarter fiscal 2025 results for the period ended December 31, 2024, after market close on Wednesday, February 5th, 2025.
The company will host a webcast and conference call to discuss the results on Thursday, February 6th, 2025, at 9:00 a.m. Eastern time. Presentation slides will be available in the Investor Relations section of EZCORP's website after market close on February 5th. A replay of the conference call will be accessible online at the investors portal shortly after the live call ends.
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