Upstart to Report First Quarter 2022 Earnings on May 9, 2022

Rhea-AI Summary

Upstart Holdings, Inc. (NASDAQ: UPST) announced intentions to release its first-quarter fiscal year 2022 business and financial results on May 9, 2022, after market close. A live conference call will follow at 1:30 p.m. PT / 4:30 p.m. ET. The earnings press release and investor presentation will be available on Upstart’s investor relations website prior to the call. Upstart partners with banks and credit unions to enhance credit access using AI, enabling higher approval rates and lower loss rates.

Positive

• Upstart's AI platform enables higher approval rates for loans.
• More than two-thirds of Upstart loans are approved instantly and are fully automated.
• Expansion of affordable credit access through partnerships with banks and credit unions.

Negative

• None.

SAN MATEO, Calif.--(BUSINESS WIRE)-- Upstart Holdings, Inc. (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform, announced today that its first quarter of fiscal year 2022 business and financial results will be released on Monday, May 9, 2022 after the market close. Upstart will host a conference call and live webcast that day at 1:30 p.m. PT / 4:30 p.m. ET. Prior to the conference call, the first quarter 2022 earnings press release and investor presentation will be available on Upstart’s investor relations website at ir.upstart.com.

Live webcast. The live webcast will be accessible on Upstart’s investor relations website, ir.upstart.com, and an archived webcast of the conference call will be available after the conference call.

Conference Call Dial In. To access the live conference call in the United States and Canada: +1 800-304-0389, conference code 6076997. To access the live conference call outside of the United States and Canada: +1 313-209-5140, conference code 6076997.

About Upstart

Upstart is a leading AI lending platform partnering with banks and credit unions to expand access to affordable credit. By leveraging Upstart’s AI platform, Upstart-powered banks and credit unions can have higher approval rates and lower loss rates for every race, ethnicity, age, and gender, while simultaneously delivering the exceptional digital-first lending experience their customers demand. More than two-thirds of Upstart loans are approved instantly and are fully automated. Upstart was founded by ex-Googlers in 2012 and is based in San Mateo, California and Columbus, Ohio.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220411005954/en/

Investors

Jason Schmidt

Vice President, Investor Relations

ir@upstart.com

Press

press@upstart.com

Source: Upstart Holdings, Inc.

FAQ

When will Upstart release its Q1 2022 earnings?

Upstart will release its Q1 2022 earnings on May 9, 2022, after market close.

What time is Upstart's conference call for Q1 2022 results?

The conference call will take place at 1:30 p.m. PT / 4:30 p.m. ET on May 9, 2022.

Where can I find Upstart's first quarter earnings report?

The earnings report will be available on Upstart’s investor relations website.

What is Upstart's main business model?

Upstart is an AI lending platform that partners with banks and credit unions to improve loan approval rates and access to credit.