OppFi reports Q2 adjusted EPS 45c, consensus 29c

Reports Q2 revenue $142.44M, consensus $141.19M. “The significant improvements we’ve made in operations and credit have delivered another record quarter. Model 6 has continued to drive incremental origination growth while maintaining our risk standards. We also achieved a record auto-approval percentage for the quarter while maintaining strong customer satisfaction of 79 NPS. As a result of this momentum, we are raising our full-year guidance for both revenue and adjusted net income. We believe our differentiated approach to facilitating consumer lending continues to position us for sustainable growth and long-term value creation,” said Todd Schwartz, CEO and Executive Chairman of OppFi (OPFI).