Consumer Portfolio Services, Inc. (CPSS) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everyone and welcome to the Consumer Portfolio Services 2025 Third Quarter Operating Results Conference Call. Today's call is being recorded. Before we begin, management has asked me to inform you that this conference call may contain forward-looking statements. Any statements made during this call that are not statements of historical facts may be deemed forward-looking statements. statements regarding current or historical valuation of receivables because depends on estimates of future events also are forward-looking statements. All such forward-looking statements are subject to risk that could cause actual results to differ materially from those projected. I refer you to the company's annual report filed March 12th for further clarification. The company assumes no obligation to update publicly any forward-looking statements, whether as a result of new information, further events, or otherwise. With us here is Mr. Charles Bradley, Chief Executive Officer, Mr. Danny Barwani, Chief Financial Officer, and Mr. Mike Levin, President and Chief Operating Officer of Consumer Portfolio Services. I will now turn the call over to Mr. Bradley. Thank you. Good morning, everyone. Welcome to our third quarter conference call. I think, for the most part, it's three quarters in the books. The year is proceeding kind of pretty much exactly what we would expect, with a small exception of we haven't really grown as much as we wanted. We had pretty high hopes for growth this year. We've had some growth, but very what we'll call modest growth as opposed to more aggressive growth, which is probably okay. Generally speaking, if you look back at the last few calls, we've sort of been in not really a holding pattern, but in a wait and see pattern in two ways. We wanted to see, you kno...