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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.”
Objective of the Study:
To assess the demand-supply scenario of Pulp & Paper Chemicals which covers production, demand, and supply of Pulp & Paper Chemicals market globally.
To analyse and forecast the market size of Pulp & Paper Chemicals.
To classify and forecast global Pulp & Paper Chemicals market based on technology, end-use and regional distribution.
To identify drivers and challenges for global Pulp & Paper Chemicals market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global Pulp & Paper Chemicals market.
To identify and analyse the profile of leading players involved in the manufacturing of Pulp & Paper Chemicals.
Some of the major key players operating in the global Pulp & Paper market are Kemira Oyj, AkzoNobel N.V., BASF SE, Dow Chemical Company, Nalco Holdings, and Ashland, Inc. etc.
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Global Pulp & Paper Chemicals demand is projected to grow at a healthy CAGR of 3.68%. These chemicals are used in paper industry to produce specialty papers which enhances the functional properties like strength, water resistant, brightness, and colour of the paper. Also, these chemicals reduces the energy and water consumption in the production of paper. The chemicals used in the production of paper accounts for the reduction of paper waste. The paper produced is having various applications in writing, labelling, packaging, and others. Pulp & Paper are mainly produced from cellulosic fibres and different plant materials. These chemicals are basically used in the paper industry to enhance the performance and quality of the paper. The chemicals used are coating chemicals, process chemicals, functional chemicals, polymer chemicals, bleaching & RCF, pulp, pigments & filters. Paper & Pulp chemicals are used in t
Worldwide Pulp & Paper Chemicals Industry to 2030 - Increasing E-Commerce Activities With High-Quality Paper Packaging Materials is Driving Demand prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.