Reports Q1 revenue $129.53M, consensus $141M. The company said, “Total revenues for the first quarter of fiscal 2025 decreased to $129.5 million, a 7.0% decrease from $139.3 million for the same quarter of the prior year. Interest and fee income declined 4.7%, from $116.6 million in the first quarter of fiscal 2024 to $111.2 million in the first quarter of fiscal 2025. Insurance income decreased by 19.4% to $12.9 million in the first quarter of fiscal 2025 compared to $16.0 million in the first quarter of fiscal 2024. The large loan portfolio decreased from 57.4% of the overall portfolio as of June 30, 2023, to 54.5% as of June 30, 2024. Interest and insurance yields for the quarter ended June 30, 2024 increased 137 and 28 basis points compared to the quarters ended March 31, 2024 and June 30, 2023, respectively. Other income decreased by 18.5% to $5.4 million in the first quarter of fiscal 2025 compared to $6.7 million in the first quarter of fiscal 2024.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue