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Sunlight Financial reports Q3 adjusted EPS (16c), consensus (17c)

Reports Q3 revenue $33M, consensus $30.44M. "Despite a challenging macro-economic backdrop, Sunlight continued to deliver growth in the third quarter, with funded loan volume of $835 million and 22,470 borrowers served, a significant year-over-year increase," said Matt Potere, Chief Executive Officer of Sunlight. "While our earnings this quarter were negatively impacted by non-cash charges related to the insolvency of an installer and a goodwill impairment, our core performance was in line with our expectations."

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Published first on TheFly

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