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 tech-enabled digital finance platform that partners with banks to offer financial products and services to everyday Americans, particularly consumers underserved by traditional financing options. The OppFi news feed on Stock Titan aggregates company announcements, earnings updates, capital markets activity, and other disclosures that the company releases through press wires and regulatory channels.
Readers can use this page to follow OppFi’s quarterly and year-to-date financial results, including total revenue, net income, adjusted net income, and related non-GAAP metrics that the company highlights in its earnings press releases. OppFi also reports key operating indicators such as total net originations, retained net originations, ending receivables, net charge-off ratios, average yield, and auto-approval rates, which are often discussed in its quarterly updates.
In addition to earnings news, OppFi issues press releases on topics such as new or amended revolving credit facilities designed to support growth in finance receivables, changes to its share repurchase program for Class A common stock, and supplemental information about outstanding public warrants. The company also announces participation in investor conferences and schedules for upcoming earnings conference calls, often providing webcast details and references to investor presentations.
This news page provides a centralized view of these developments so that investors and observers can track how OppFi describes its financial performance, capital structure, funding arrangements, and strategic priorities over time. For deeper detail on any headline, users can review the underlying press release or associated SEC filing linked from individual news items.
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 An archived version of the webcast will also be available on the website.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.
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