Stock Data
$0.00 (0.00%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
INDUSTRIALS
Industry
RENTAL & LEASING SERVICES
PROG Holdings, Inc. is a financial technology firm that specializes in offering flexible payment solutions. With its roots in Draper, Utah, since 1955, the company has evolved to include Progressive Leasing and Vive Financial under its umbrella. Progressive Leasing caters to both physical and online stores with its lease-to-own options, while Vive Financial provides second-chance credit products. Additionally, PROG Holdings offers a 'buy now, pay later' service through Four, enabling payments in four interest-free installments, alongside Build, a tool aimed at enhancing financial management and credit building.
PROG Holdings crushed Q2 earnings with a 25.75% EPS beat, powered by explosive 110.6% GMV growth at its Four Technologies segment and the full-quarter contribution of the Purchasing Power acquisition, prompting management to raise full-year non-GAAP EPS guidance to $4.75-$5.00.
1 Article
Our top personal finance-related articles today. Your wallet will thank you later.
