Credit Acceptance Announces Second Quarter 2024 Results

Southfield, Michigan, July 31, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") today announced consolidated net loss of $47.1 million, or$3.83 per diluted share, for the three months ended June 30, 2024 compared to consolidated net income of $22.2 million, or$1.69 per diluted share, for the same period in 2023. Adjusted net income, a non-GAAP financial measure, for the three months ended June 30, 2024 was $126. ...