Reports Q3 revenue $495.292M, consensus $513.75M. Jeff Howard, President and Chief Executive Officer of Atlanticus (ATLC) stated, “This quarter, we produced significant organic growth and profitability, and completed a transformational acquisition. The acquisition of Mercury Financial substantially increases our scale, enhances our technology, adds to our origination capabilities, and brings on new team members to facilitate the continued growth of our business as we pursue our goal of Empowering Better Financial Outcomes for Everyday Americans.”
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Read More on ATLC:
- Atlanticus Holdings Corp (ATLC) Q3 Earnings Cheat Sheet
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- Atlanticus price target raised to $95 from $78 at Citizens JMP
- Atlanticus Holdings Acquires Mercury Financial LLC
- Atlanticus price target raised to $90 from $70 at B. Riley