Propel Holdings Soars with Record Q1 Results
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Propel Holdings Soars with Record Q1 Results

Propel Holdings, Inc. (TSE:PRL) has released an update.

Propel Holdings Inc. reported a stellar first quarter in 2024, showcasing a 47% surge in revenue to $96.5 million and significant growth in other financial metrics, including a 77% increase in net income to $13.1 million. Highlighting its confidence, Propel has increased its dividend by 8%, marking the fourth hike since early 2023. The company attributes these record results to robust credit performance and high demand, underscoring its strong start to the year.

For further insights into TSE:PRL stock, check out TipRanks’ Stock Analysis page.

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