World Acceptance Swings to $8.8 Million Fiscal 2027 Q2 Profit

World Acceptance Corporation swung to an $8.755 million fiscal 2027 second-quarter profit as revenue climbed 3.2%, while its provision for credit losses declined and customer base shrank. For the three months ended Sept. 30, net income was $8.755 million, or $1.92 per diluted share. In the year-earlier period, the company had a $1.663 million net loss, equal to a diluted loss of 33 cents per share. Revenue totaled $139.207 million, up from $134.848 million in the same quarter last year. The provision for credit losses fell to $46.002 million from $49.841 million.

Source: TokenPost