PROG Holdings Inc (PRG) Misses Q1 EPS by 20c

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PROG Holdings Reports First Quarter 2022 Results

April 27, 2022 7:00 AM EDT

Progressive Leasing GMV of $504.5 million Gross leased asset portfolio growth of 17.6% year-over-year Consolidated revenues of $710.5 million Consolidated earnings before taxes of $39.8 million; Adjusted EBITDA of $64.6 million or 9.1% of revenues Diluted EPS of $0.49; Non-GAAP Diluted EPS of $0.57

SALT LAKE CITY--(BUSINESS WIRE)-- PROG Holdings, Inc. (NYSE: PRG), the fintech holding company for Progressive Leasing, Vive Financial, and Four Technologies, today announced financial results for the first quarter ended March 31, 2022.

"Our first quarter results were... More