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SAN CARLOS, Calif., May 06, 2021 (GLOBE NEWSWIRE) Oportun Financial Corporation (Nasdaq: OPRT) (“Oportun” and the Company ) today reported financial results for the first quarter ended March 31, 2021.
“In the first quarter, we delivered strong operating results and profitability, maintained a solid credit profile, and advanced all of our 2021 strategic objectives, said Raul Vazquez, CEO of Oportun. Our credit performance demonstrated the efficacy of our A.I.-driven models and reflected the favorable economic environment and stimulus impact, while operationally, we continued to provide our customers with best-in-class service. I m proud of what we have achieved, and our first quarter results give us confidence that we are well positioned for growth in the months and years ahead.
Oportun Reports First Quarter 2021 Financial Results
GAAP Diluted EPS of $0.10 and Adjusted EPS of $0.41 Driven By Solid Credit Performance
SAN CARLOS, Calif., May 06, 2021 (GLOBE NEWSWIRE) Oportun Financial Corporation (Nasdaq: OPRT) (“Oportun” and the “Company”) today reported financial results for the first quarter ended March 31, 2021.
“In the first quarter, we delivered strong operating results and profitability, maintained a solid credit profile, and advanced all of our 2021 strategic objectives,” said Raul Vazquez, CEO of Oportun. “Our credit performance demonstrated the efficacy of our A.I.-driven models and reflected the favorable economic environment and stimulus impact, while operationally, we continued to provide our customers with best-in-class service. I’m proud of what we have achieved, and our first quarter results give us confidence that we are well positioned for growth in the months and years ahead.”