World Acceptance (WRLD) Tops Q2 EPS by 5c
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World Acceptance Corporation Reports Fiscal 2019 Second Quarter Results
November 1, 2018 7:30 AM EDTGREENVILLE, S.C.--(BUSINESS WIRE)-- World Acceptance Corporation (NASDAQ:WRLD) today reported financial results for its second fiscal quarter ended September30, 2018.
Three-month results
Gross loans outstanding in the US increased to $1.13 billion as of September30, 2018, a 10.0% increase from the $1.02 billion of gross loans outstanding as of September30, 2017. Our unique borrowers in the US increased by 43,907, or 5.5% during the second quarter of fiscal 2019. This is compared to an increase of 36,700, or 4.9% during the second quarter of fiscal 2018.
As previously disclosed, we sold our Mexico operations effective July 1, 2018. As a result of the sale, we... More
