Welcome to our dedicated page for OppFi news (Ticker: OPFI), a resource for investors and traders seeking the latest updates and insights on OppFi stock.
OppFi Inc (NYSE: OPFI) is a technology-driven specialty finance platform expanding credit access through innovative partnerships with community banks. This page aggregates official announcements, financial disclosures, and market developments related to OppFi's mission of modernizing inclusive lending solutions.
Investors and industry observers will find timely updates on earnings reports, strategic partnerships, product launches, and regulatory filings. The curated collection serves as a historical record and real-time tracker of OppFi's evolving position in the fintech sector.
Key content categories include quarterly financial results, leadership updates, technology enhancements to its lending platform, and analyses of credit market trends impacting OppFi's operations. All materials are sourced directly from company filings and authorized communications.
Bookmark this page for streamlined access to OppFi's latest developments in specialty finance, including progress on initiatives like SalaryTap loans and digital underwriting innovations. Check back regularly for verified updates presented in chronological order.
OppFi (NYSE: OPFI), a tech-enabled finance platform, will announce its Q2 2024 financial results on August 7, 2024, before the market opens.
Management will host a conference call at 9:00 a.m. ET on the same day to discuss the results and business outlook. Investors can access the webcast via the Company's Investor Relations website. For those wishing to join via phone, the domestic dial-in number is (800) 225-9448 and the international dial-in number is (203) 518-9708. The Conference ID is OPPFI. An archived version of the webcast will also be available on the website.
Stonegate Capital Partners updates their coverage on OppFI, Inc. (NYSE: OPFI), highlighting a raised guidance, year-over-year revenue margin expansion of 213bps, and a special dividend paid in the quarter due to a strong Balance Sheet.
OppFi Inc. (NYSE: OPFI) reported financial results for Q1 2024, surpassing guidance. Total revenue increased 5.8% YoY to $127.3 million, with net income up 157.8% YoY to $10.1 million. Adjusted net income rose 127.8% to $8.8 million. EPS showed growth, with Basic EPS at $0.29 and Diluted EPS at $0.10. Unrestricted cash stood at $47.2 million. Full-year adjusted EPS guidance was raised to $0.58-$0.62.