CACC Credit Acceptance Corporation

Credit Acceptance Announces Timing of First Quarter 2024 Earnings Release and Webcast

Credit Acceptance Announces Timing of First Quarter 2024 Earnings Release and Webcast

Southfield, Michigan, April 23, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we expect to issue a news release with our first quarter 2024 earnings on Tuesday, April 30, 2024, after the market closes. A webcast is scheduled for Tuesday, April 30, 2024, at 5:00 p.m. Eastern Time to discuss first quarter 2024 earnings.  

Conference Call and Webcast Information:

Date: Tuesday, April 30, 2024

Time: 5:00 p.m. Eastern Time

Telephone Access: 

Only persons accessing the webcast by telephone will be able to pose questions to the presenters during the webcast. To participate by telephone, you must pre-register using the following link:

or through the link posted on the “Investor Relations” section of our website at . Upon registering you will be provided with the dial-in number and a unique PIN to access the webcast by telephone.

Webcast Access:

The webcast can also be accessed live by visiting the “Investor Relations” section of our website at .

Additionally, a replay and transcript of the webcast will be archived in the “Investor Relations” section of our website.

Description of Credit Acceptance Corporation

We make vehicle ownership possible by providing innovative financing solutions that enable automobile dealers to sell vehicles to consumers regardless of their credit history. Our financing programs are offered through a nationwide network of automobile dealers who benefit from sales of vehicles to consumers who otherwise could not obtain financing; from repeat and referral sales generated by these same customers; and from sales to customers responding to advertisements for our financing programs, but who actually end up qualifying for traditional financing.

Without our financing programs, consumers are often unable to purchase vehicles or they purchase unreliable ones. Further, as we report to the three national credit reporting agencies, an important ancillary benefit of our programs is that we provide consumers with an opportunity to improve their lives by improving their credit score and move on to more traditional sources of financing. Credit Acceptance is publicly traded on the Nasdaq Stock Market under the symbol CACC. For more information, visit .



Investor Relations: Douglas W. Busk
Chief Treasury Officer
(248) 353-2700 Ext. 4432
 
EN
23/04/2024

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Reports on Credit Acceptance Corporation

 PRESS RELEASE

Credit Acceptance Announces First Quarter 2024 Results

Credit Acceptance Announces First Quarter 2024 Results Southfield, Michigan , April 30, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $64.3 million, or $5.08 per diluted share, for the three months ended March 31, 2024 compared to consolidated net income of $99.5 million, or $7.61 per diluted share, for the same period in 2023. Adjusted net income, a non-GAAP financial measure, for the three months ended March 31, 2024 was $117.4 million, or $9.28 p...

 PRESS RELEASE

Credit Acceptance Announces Timing of First Quarter 2024 Earnings Rele...

Credit Acceptance Announces Timing of First Quarter 2024 Earnings Release and Webcast Southfield, Michigan, April 23, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we expect to issue a news release with our first quarter 2024 earnings on Tuesday, April 30, 2024, after the market closes. A webcast is scheduled for Tuesday, April 30, 2024, at 5:00 p.m. Eastern Time to discuss first quarter 2024 earnings.   Conference Call and Webcast Information:Date: Tuesday, April 30, 2...

 PRESS RELEASE

Credit Acceptance Celebrates 10th Year on Fortune's 100 Best Companies...

Credit Acceptance Celebrates 10th Year on Fortune's 100 Best Companies to Work For® List Southfield, Michigan, April 04, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named one of the 100 Best Companies to Work For® by Fortune for the tenth time. With a ranking of #39 this year, the Company's longstanding presence on the list reinforces the strength of our culture. “Credit Acceptance is focused on creating and sustaining an inclusive and caring workplace environment where our team...

 PRESS RELEASE

Credit Acceptance Announces Completion of $500.0 Million Asset-Backed ...

Credit Acceptance Announces Completion of $500.0 Million Asset-Backed Financing Southfield, Michigan, March 28, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $500.0 million asset-backed non-recourse secured financing (the “Financing”).  Pursuant to this transaction, we conveyed loans having a value of approximately $625.2 million to a wholly-owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes: Note Class  ...

 PRESS RELEASE

Credit Acceptance Named 2024 Top Workplaces USA Award Winner

Credit Acceptance Named 2024 Top Workplaces USA Award Winner Southfield, Michigan, March 20, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named a Top Workplaces USA Award winner for the fourth consecutive year. We made it into the Top 10 again this year with a #9 ranking in the 1,000-2,499-employee size category. The award is due to the longstanding strengths of Credit Acceptance’s 2,200+ team members and the culture they foster, which is centered on our core values of PRIDE — Po...

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