Enova International, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 29, 2021 at 09:23 pm
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Enova International, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 259.133 million compared to USD 132.389 million a year ago. Operating income was USD 122.709 million compared to USD 86.557 million a year ago. Net income was USD 80.177 million compared to USD 48.026 million a year ago. Basic earnings per share was USD 2.18 compared to USD 1.59 a year ago. Diluted earnings per share was USD 2.1 compared to USD 1.58 a year ago. For the half year, total revenue was USD 497.499 million compared to USD 258.922 million a year ago. Operating income was USD 246.164 million compared to USD 115.645 million a year ago. Net income was USD 156.097 million compared to USD 53.486 million a year ago. Basic earnings per share was USD 4.28 compared to USD 1.71 a year ago. Diluted earnings per share was USD 4.13 compared to USD 1.69 a year ago. Basic earnings per share from continuing operations was USD 4.28 compared to USD 1.72 a year ago. Diluted earnings per share from continuing operations was USD 4.13 compared to USD 1.7 a year ago.
Enova International, Inc. is a technology and analytics company, which is focused on providing online financial services. The Company offers or arranges loans or draws on lines of credit to consumers in 37 states in the United States and Brazil. It also offers financing to small businesses in 49 states and Washington D.C. in the United States. Its customers include small businesses which have bank accounts but use alternative financial services because of their limited access to more traditional credit from banks, credit card companies and other lenders. The Companyâs products and services include consumer installment loans; small business installment loans; consumer line of credit accounts; small business line of credit accounts; CSO program, and bank programs. It markets its financing products under the names CashNetUSA at www.cashnetusa.com, NetCredit at www.netcredit.com, OnDeck at www.ondeck.com, Headway Capital at www.headwaycapital.com and Pangea at www.pangeamoneytransfer.com.