Page 8 - John Hecht News Today

Operator: Good day, and welcome to the Upstart Fourth Quarter 2022 Earnings Call. Todays conference is being recorded.

UPST earnings call for the period ending December 31, 2022.

Analysts see more gains ahead for the digital bank's shareholders.

Operator: Good morning, ladies and gentlemen. Welcome to the EZCORP First Quarter Fiscal 2023 Earnings Call. At this time, all participants are in a listen-only mode.

The San Mateo, California-based online consumer lender has now laid off some 500 employees in recent months. The downsizing reflects broader challenges in the tech industry, but it also comes as Upstart struggles to get enough funding for its loans.

A plan released Wednesday by the Consumer Financial Protection Bureau was more aggressive than anticipated, leading to share price declines at Synchrony Financial, Capital One and Bread Financial. "This skews toward the worst-case scenario," one analyst wrote.

The company reported its seventh consecutive quarter of record adjusted net revenue.

US equities were hammered in 2022 amid the broader market downturn, rising inflation and the Federal Reserve’s rate-hike spree.

The company reported its seventh consecutive quarter of record adjusted net revenue.

Operator: Ladies and gentlemen, thank you for standing by. Welcome to the Navient Fourth Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.