OPRT news

Oportun reported Q3 revenue growth for the first time since H2 2023 and raised its full-year revenue guidance. The company also introduced new leadership roles to execute its growth strategy.

Bill Franklin accepted the role to lead Oportun's finance department starting in September 2026. This appointment follows a period of executive leadership changes at the financial services provider.

Oportun reported GAAP net income of $9 million, growing 24% year-over-year and outperforming guidance for revenue and Adjusted EBITDA. The company improved its annualized net charge-off range outlook and affirmed continued momentum in credit performance.

Oportun Financial Corp announced a cooperation agreement with Bradley L. Radoff and the Radoff Family Foundation, resulting in the withdrawal of Radoff's director nomination. This agreement aims to ensure stockholder unity and stability regarding the Board's recommendations at the upcoming 2026 annu…

The company entered into a transition agreement with Patrick Kirscht, Chief Credit Officer, establishing an orderly separation by June 15, 2026. Kirscht will receive 12 months of base salary ($525,300) and target bonus payments totaling $155,287, plus acceleration of equity awards and retention bonu…