Upbound Group, Inc. ( (UPBD) ) has released its Q1 earnings. Here is a breakdown of the information Upbound Group, Inc. presented to its investors.
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Upbound Group, Inc. is a technology and data-driven company that provides accessible and inclusive financial solutions for underserved consumers, operating through brands like Acima®, Brigit™, and Rent-A-Center® across the United States, Mexico, and Puerto Rico.
In its first quarter of 2025, Upbound Group, Inc. reported a total revenue of $1,176 million, with a GAAP diluted earnings per share (EPS) of $0.42 and a non-GAAP diluted EPS of $1.00, reflecting adjustments for special items.
Key financial highlights include the impact of special items such as depreciation and amortization of acquired assets, legal matters, and transaction costs related to the Brigit acquisition, which contributed to the difference between GAAP and non-GAAP EPS. These adjustments underscore the company’s strategic investments and the costs associated with integrating new acquisitions.
The company’s management remains focused on leveraging its technology and data-driven approach to enhance financial accessibility for its customers. As Upbound continues to expand its operations and integrate recent acquisitions, it aims to maintain steady growth and adapt to the evolving financial needs of its consumer base.