OppFi ( (OPFI) ) has shared an announcement.
OppFi Inc. reported a record third-quarter net income and revenue, driven by credit initiatives and efficient marketing strategies, with net income soaring 106.4% to $32.1 million. The company raised its full-year earnings guidance for 2024, reflecting confidence in ongoing business trends. Additionally, OppFi repurchased $1 million worth of its Class A common stock, underscoring its commitment to returning value to shareholders. With these robust results, OppFi is poised to end the year on a strong financial note.
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