World Acceptance Shares Drop After Swing to 2Q Loss

Dow Jones
10/23
 

By Chris Wack

 

World Acceptance shares were 16% lower, at $148.69, after the company said it swung to a second-quarter loss.

The company said it had a quarterly loss of $1.9 million, or 38 cents a share, compared with earnings of $22.1 million, or $3.99 a share, in the same quarter last year.

Revenue for the quarter was $134.5 million, compared with last year's $131.4 million.

The company said its quarterly loss was due to expenses related to the early redemption of bonds, resulting in early redemption expenses of $3.7 million.

World Acceptance said it increased its customer base by 6.2%, and increased interest, fee and insurance income by $4.6 million, or 3.6%.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

October 23, 2025 10:27 ET (14:27 GMT)

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