Enova International, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 25, 2023 at 01:46 am IST
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Enova International, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 319.61 million compared to USD 294.2 million a year ago. Net income was USD 41.29 million compared to USD 51.71 million a year ago. Basic earnings per share from continuing operations was USD 1.35 compared to USD 1.62 a year ago. Diluted earnings per share from continuing operations was USD 1.29 compared to USD 1.57 a year ago.
For the nine months, revenue was USD 904.89 million compared to USD 827.46 million a year ago. Net income was USD 140.35 million compared to USD 156.55 million a year ago. Basic earnings per share from continuing operations was USD 4.53 compared to USD 4.8 a year ago. Diluted earnings per share from continuing operations was USD 4.35 compared to USD 4.64 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. 
