Thank you, David. afternoon, good And everyone.
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fair to the net and turning significant driver revenue portfolio credit, of most which Now is value.
point our performance quarter the second were last while of ago.
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on economics. unit growth improved business we believed support would within with As first opportunities strong our we identified quarter our that SMB call, discussed continued
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X% the be While of total around variations G&A there from we will revenue. may be quarter-to-quarter, expect expenses slight in near-term
repurchases.
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stable and cost-effective included upsize unsecured and by upsize the secured revolver. business warehouse terms. term renewal upsize last small installment to an of including of and of from Our X small transactions us receivables, a totaling receivables, earnings allowed consistently in financial completed our secured credit access billion $X.X business secured and our a and the by financing Issuances group $X.X performance note, warehouse corporate of a proceeds efficient with securitization, has diversified Since fixed-income we billion, investors. lenders call, new and senior funding the renewal consumer
we shares million cost covenants. with capacity of third at a repurchase started acquired $XX the note the under our quarter of approximately $XX quarter, XXX,XXX fourth We share During senior million. available
funds cost X.X% was of the than higher quarter. third Our or for basis quarter the second XX points
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in Additionally, market profitability. of the rates longer-term impact for expected tailwinds create lower future the could Enova's
every mix benefit SOFR our we to XX XX floating reduction. $X.XX debt, expect months in fixed over approximately rate EPS point the of Given in of reduction the a to adjusted rate following and result a basis
as million $XX the of a service to write-off nonoperational quarter, company of noncash known assets in contributed the to we and of XXXX a one-time platform charge during our which interest the related During ODX. legacy a net impairment recorded we OnDeck's business, as formerly
In year EPS, we solid Finally, quarter consolidated sequentially, ago of we XX% fourth near-term this year continued EBITDA, me XX%. X% expectations. adjusted to revenue the to with quarter. fourth increased measure increase XXXX, from revenue let Adjusted a quarter million. compared XX% of non-GAAP And $X.XX between and around $XXX than the more our summarize profitability to would non-GAAP from share.
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and our Our resulting and continue the our for risk to financial learning creating depend remainder generate management online-only results product and as we ability in growth.
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sheet efficiently should to a growth balance while repurchases.
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