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PROG Holdings Inc (PRG) delivers innovative financial technology solutions through its Progressive Leasing and Vive Financial segments. This page provides official company announcements, strategic updates, and operational developments for investors and industry observers.
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PROG Holdings (NYSE:PRG), a fintech holding company, has announced it will release its first quarter 2025 financial results on Wednesday, April 23, 2025, before the market opens. The company will host a live webcast at 8:30 A.M. ET on the same day to discuss the quarterly results.
PROG Holdings operates through several subsidiaries including Progressive Leasing (e-commerce and point-of-sale lease-to-own solutions), Vive Financial (second-look revolving credit), Four Technologies (Buy Now, Pay Later platform), and Build (personal credit building products). The company is headquartered in Salt Lake City, UT.
PROG Holdings (NYSE:PRG), a fintech holding company, has announced a quarterly cash dividend of $0.13 per share of common stock. The dividend will be payable on March 25, 2025, to shareholders of record as of March 13, 2025.
The company, headquartered in Salt Lake City, operates through multiple subsidiaries including Progressive Leasing, a provider of lease-to-own solutions; Vive Financial, offering second-look revolving credit products; Four Technologies, providing Buy Now, Pay Later options; and Build, offering personal credit building products.
PROG Holdings (NYSE:PRG) reported strong Q4 2024 results with consolidated revenues of $623.3 million, up 8.0% year-over-year. Net earnings reached $57.5 million with diluted EPS of $1.34 and non-GAAP diluted EPS of $0.80. Progressive Leasing achieved GMV of $597.5 million, marking 9.1% growth year-over-year.
The company ended Q4 with $95.7 million in cash and $650.0 million in gross debt. During the quarter, PROG repurchased $40.5 million of stock at an average price of $47.03 per share and paid a $0.12 per share dividend.
For 2025, PROG projects total revenues between $2.515-2.590 billion, net earnings of $115.5-133.5 million, and adjusted EBITDA of $260-280 million. The outlook assumes a challenging operating environment with soft consumer durable goods demand.
PROG Holdings (NYSE:PRG), a fintech holding company, has announced it will release its fourth quarter 2024 financial results on Wednesday, February 19, 2025, before market open. The company will host a live webcast at 8:30 A.M. ET on the same day to discuss the results.
PROG Holdings operates through multiple subsidiaries including Progressive Leasing, which provides lease-to-own solutions, Vive Financial, offering second-look revolving credit products, Four Technologies, providing Buy Now, Pay Later options, and Build, offering personal credit building products.
PROG Holdings (NYSE:PRG) has announced a quarterly cash dividend of $0.12 per share of common stock. The dividend will be paid on December 3, 2024, to shareholders of record as of November 19, 2024. PROG Holdings is a fintech holding company based in Salt Lake City, operating through its subsidiaries Progressive Leasing, Vive Financial, Four Technologies, and Build, providing various financial services including lease-to-own solutions, revolving credit products, Buy Now, Pay Later options, and personal credit building products.
PROG Holdings reported strong Q3 2024 results with consolidated revenues of $606.1 million, up 4.0% year-over-year. Net earnings reached $84.0 million, significantly higher than $35.0 million in 2023, primarily due to a $53.6 million non-cash tax benefit. Progressive Leasing achieved 11.6% GMV growth to $456.7 million. Adjusted EBITDA was $63.5 million (10.5% of revenues), compared to $71.7 million (12.3%) in 2023. The company raised its full-year outlook, projecting total revenues between $2.44-2.46 billion and net earnings of $165.5-170.5 million.
PROG Holdings, Inc. (NYSE:PRG), a fintech holding company, has announced it will release its third quarter 2024 financial results on Wednesday, October 23, 2024 before the market opens. The company has scheduled a live webcast at 8:30 A.M. ET on the same day to discuss the results.
Investors can access the webcast through the provided link or via the Events & Presentations section of PROG Holdings' investor relations website. PROG Holdings is the parent company of Progressive Leasing, Vive Financial, Four Technologies, and Build, offering various financial products and services including lease-to-own solutions, revolving credit products, Buy Now, Pay Later options, and personal credit building products.
Progressive Leasing, a leading provider of lease-to-own solutions owned by PROG Holdings, Inc. (NYSE:PRG), will participate in a panel discussion at the 2024 MAG Payments Conference in Orlando, Florida. The session, titled "Check Your Balances: How Financial Inclusion is Defining a Generation," will feature Nathan Roe, Chief Commercial Officer of Progressive Leasing, alongside representatives from Best Buy and ChargeAfter.
The panel will explore Gen Z and Gen Alpha's payment habits and discuss how merchants can utilize financial inclusion products to meet evolving customer needs. The event takes place on September 18th at 3pm EST and aims to provide valuable insights for retail and payments industry professionals.
Progressive Leasing, a subsidiary of PROG Holdings, Inc. (NYSE: PRG), has been chosen as the exclusive lease-to-own partner for American Signature, Inc., owner of American Signature Furniture and Value City Furniture. This partnership will provide omnichannel lease-to-own solutions for over 120 stores nationwide. Starting in Q4 2023, customers will have access to Progressive Leasing's flexible payment options both in-store and online.
The collaboration aims to enhance American Signature's lease-to-own program, supporting their business goals while offering customers improved service. Progressive Leasing's selection was based on their industry-leading customer and partner support, as well as their ability to serve a broader customer base. The company's recent Silver Stevie® Award highlights their commitment to customer satisfaction and service excellence.
PROG Holdings, Inc. (NYSE:PRG), a fintech holding company, has declared a quarterly cash dividend of $0.12 per share of common stock. The dividend is payable on September 3, 2024, to shareholders of record as of the close of business on August 20, 2024. PROG Holdings is the parent company of Progressive Leasing, Vive Financial, Four Technologies, and Build, offering various financial products and services including lease-to-own solutions, revolving credit, Buy Now, Pay Later options, and personal credit building products. The company is headquartered in Salt Lake City, UT, and focuses on providing transparent and competitive payment options and inclusive consumer financial products.
