World Acceptance Corporation's (WRLD) CEO Chad Prashad on Q1 2023 Results - Earnings Call Transcript

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Q1: 2022-07-27 Earnings Summary

EPS of -$1.53 misses by $1.64
 | Revenue of $157.59M (21.54% Y/Y) beats by $8.93M

World Acceptance Corporation (NASDAQ:WRLD) Q1 2023 Earnings Conference Call July 27, 2022 10:00 AM ET

Company Participants

Chad Prashad – President and Chief Executive Officer
John Calmes – Chief Financial and Strategy Officer

Conference Call Participants

John Rowan – Janney
Vincent Caintic – Stephens
Jordan Hymowitz – Philadelphia Financial
Guy Riegel – Ingalls & Snyder

Operator

Good morning, and welcome to the World Acceptance Corporation's sponsored First Quarter Press Release Conference Call. Today, this call is being recorded. At this time all participants have been placed in a listen-only mode. Following managements' remarks, there will be an opportunity to ask questions.

Before we begin, the corporation has requested that I make the following announcement. The comments made during the conference call today may contain certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 that represent the corporation's expectations and beliefs concerning future events. Such forward-looking statements are about matters that are inherently subject to risks and uncertainties. Statements other than those of historical fact as well as those identified by the words anticipate, estimate, intend, plan, expect, believe, may, will and should, or any variation of the foregoing and similar expressions, are forward-looking statements.

Additional information regarding forward-looking statements and any factors that could cause actual results or performance to differ from the expectations expressed or implied in such forward-looking statements are included in the paragraph discussing forward-looking statements in today's earnings press release and in the Risk Factors section of the corporation's most recent Form 10-K for the fiscal year ended March 31st, 2022, and subjects are – and subsequent reports filed or furnished to the SEC from time to time. The corporation does not undertake any obligation to update any forward-looking statements it makes.

At this time, it is my pleasure to

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