Inactive Instrument

Elevate Credit, Inc.

ELVT

US28621V1017

Elevate Credit, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022

November 09, 2022 at 05:23 pm EST

Elevate Credit, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 125.62 million compared to USD 112.84 million a year ago. Net loss was USD 15.03 million compared to USD 11.01 million a year ago. Basic loss per share from continuing operations was USD 0.48 compared to USD 0.33 a year ago. Diluted loss per share from continuing operations was USD 0.48 compared to USD 0.33 a year ago.
For the nine months, sales was USD 367.47 million compared to USD 287.11 million a year ago. Net loss was USD 35.5 million compared to USD 1.33 million a year ago. Basic loss per share from continuing operations was USD 1.14 compared to USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 1.14 compared to USD 0.04 a year ago.

Latest news about Elevate Credit, Inc.

Elevate Credit, Inc.(NYSE:ELVT) dropped from S&P TMI Index	23-03-01	CI
Elevate Credit, Inc. Announces Board Resignations	23-02-28	CI
Elevate Credit, Inc.'s Equity Buyback announced July 29, 2019, has expired.	23-02-27	CI
Park Cities Asset Management LLC completed the acquisition of Elevate Credit, Inc. from JB Capital Partners, L.P. and others.	23-02-27	CI
Elevate Credit, Inc. Eliminates the Position of Chief Operating Officer, Scott Greever	23-01-27	CI
Elevate Credit, Inc. Announces Executive Changes	22-12-21	CI
Sector Update: Financial Stocks Retreat Near Close Thursday	22-11-17	MT
Top Midday Gainers	22-11-17	MT
Sector Update: Financial Stocks Paring Early Thursday Declines	22-11-17	MT
Fed Concerns Burden Markets as Investors Scrutinize Earnings Reports, Jobs, Housing Data	22-11-17	MT
Exchange-Traded Funds Preview: Jobless Claims, Manufacturing Data Weigh on ETFs, Stock Futures	22-11-17	MT
Investors Eye Retailer Earnings as Fed Concerns Weigh Down U.S. Futures	22-11-17	MT
Top Premarket Gainers	22-11-17	MT
Elevate Credit to Be Bought by Park Cities Asset Management; Shares Surge After-Hours	22-11-16	MT
Park Cities Asset Management LLC entered into a definitive agreement to acquire Elevate Credit, Inc. from JB Capital Partners, L.P. and others for $67.1 million.	22-11-15	CI
Credit Suisse Lowers Elevate Credit's Price Target to $2.50 From $2.75, Keeps Outperform Rating	22-11-10	MT
Tranche Update on Elevate Credit, Inc.'s Equity Buyback Plan announced on July 29, 2019.	22-11-09	CI
Elevate Credit, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-09	CI
Transcript : Elevate Credit, Inc., Q3 2022 Earnings Call, Nov 09, 2022	22-11-09
Tranche Update on Elevate Credit, Inc.'s Equity Buyback Plan announced on July 29, 2019.	22-08-09	CI
Elevate Credit, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-09	CI
Transcript : Elevate Credit, Inc., Q2 2022 Earnings Call, Aug 09, 2022	22-08-09
Tranche Update on Elevate Credit, Inc.'s Equity Buyback Plan announced on July 29, 2019.	22-05-06	CI
Transcript : Elevate Credit, Inc., Q1 2022 Earnings Call, May 04, 2022	22-05-04
Elevate Credit, Inc. Announces Net Charge-Offs for the Quarter Ended March 31, 2022	22-05-04	CI

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Company Profile

Elevate Credit, Inc. provides online credit solutions to non-prime consumers. The Company uses advanced technology and risk analytics to provide financial options to its customers. Its Blueprint platform offers unsecured online installment loans, lines of credit and credit cards in the United States (US). It is engaged two business activities: as a state-licensed lender and as a service provider to Federal Deposit Insurance Corporation (FDIC)-regulated banks. Its offers three product: Rise, Elastic, and Today Card. Its products provide access to credit and services, along with credit building and financial wellness features. Rise is an installment loan brand that operates as a state-licensed lender in approximately 12 states. Elastic is a line of credit brand that is designed to be a financial safety net and helps cover unexpected expenses through a fully online draw feature. Today Card features include higher line sizes up to $3,500, family flexibility, and credit score monitoring.

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