Oportun Reports Strong Second Quarter 2023 Financial Results streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
CreditorWatch s monthly Business Risk Index showed defaults on payments between businesses reached a record high of 1,586 in June, increasing the risk of insolvencies across the economy as household spending slows and further interest rate rises loom.
Net loss was $102 million as compared to net income of $46 million in the prior-year quarter. Adjusted Net Loss was $88 million as compared to Adjusted Net Income of $53 million in the prior-year. | May 8, 2023