Atlanticus reports Q1 EPS $1.49, consensus $1.50

Reports Q1 revenue $345.17M, consensus $347.24M. Jeff Howard, President and Chief Executive Officer at Atlanticus (ATLC) stated, “We are pleased to start the year with prudent growth and achieving our profitability targets while adding over 400,000 new customers served. This quarter’s performance continues to highlight our priorities of providing an invaluable service to the consumers we serve, unit level profitability, and finally, growth. On behalf of our bank partners, we now facilitate access to everyday needs through credit to nearly 4 million consumers. The largest purchase volumes on our general-purpose credit card solutions are for food and gas, indicative of the role the services we provide play in the daily lives of everyday Americans. We are proud to partner with these consumers on their financial journey.”