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Sep 30, 2022
Oportun Q3 2022 Earnings Report
Oportun delivered strong results, demonstrating responsible growth and disciplined expense management amidst macroeconomic headwinds.
Key Takeaways
Oportun reported a strong third quarter with total revenue of $250 million, a 57% increase year-over-year. The company is raising its full year 2022 revenue and earnings guidance.
Total revenue was $250 million, up 57% year-over-year.
Early-stage delinquencies trended down following July credit tightening.
First payment defaults fell below 2019 levels.
Full year 2022 revenue and earnings guidance were raised.
Forward Guidance
Oportun is providing the following guidance for 4Q 2022 and full year 2022.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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