Oportun Financial Corporation (OPRT) Misses Q4 EPS by 11c, Revenues Beat

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Go back to Oportun Financial Corporation (OPRT) Misses Q4 EPS by 11c, Revenues Beat

Oportun Reports Fourth Quarter and Full Year 2022

March 13, 2023 4:05 PM EDT

4Q22 Aggregate Originations of $610 million, bringing FY22 to $2.9 billion, up 27%

4Q22 Total revenue of $262 million, bringing FY22 to $953 million, up 52%

2023 cost actions enacted to save $48 to 53 million in annualized expenses

SAN CARLOS, Calif., March 13, 2023 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (Nasdaq: OPRT) (Oportun, or the "Company") today reported financial results for the fourth quarter and full year ended December 31, 2022.

The fourth quarter exemplified the resilience of Oportun and our business model amidst a difficult... More