Oportun Financial Corporation (OPRT) Tops Q1 EPS by 22c

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Oportun Reports First Quarter 2021 Financial Results

May 6, 2021 4:52 PM EDT

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.... More