Enova International, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 26, 2023 at 01:46 am IST
Share
Enova International, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 299.39 million compared to USD 264.57 million a year ago. Net income was USD 48.15 million compared to USD 52.4 million a year ago. Basic earnings per share from continuing operations was USD 1.55 compared to USD 1.61 a year ago. Diluted earnings per share from continuing operations was USD 1.5 compared to USD 1.56 a year ago.
For the six months, revenue was USD 585.28 million compared to USD 533.26 million a year ago. Net income was USD 99.07 million compared to USD 104.84 million a year ago. Basic earnings per share from continuing operations was USD 3.17 compared to USD 3.18 a year ago. Diluted earnings per share from continuing operations was USD 3.05 compared to USD 3.07 a year ago.
Enova International, Inc. is a technology and analytics company, which is focused on providing online financial services. The Company offers or arranges loans or draws on lines of credit to consumers in 37 states in the United States and Brazil. It also offers financing to small businesses in 49 states and Washington D.C. in the United States. Its customers include small businesses which have bank accounts but use alternative financial services because of their limited access to more traditional credit from banks, credit card companies and other lenders. The Companyâs products and services include consumer installment loans; small business installment loans; consumer line of credit accounts; small business line of credit accounts; CSO program, and bank programs. It markets its financing products under the names CashNetUSA at www.cashnetusa.com, NetCredit at www.netcredit.com, OnDeck at www.ondeck.com, Headway Capital at www.headwaycapital.com and Pangea at www.pangeamoneytransfer.com.
ENOVA INTERNATIONAL, INC. 
