PROG Holdings, Inc. (PRG) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

and thank you for standing by. Welcome to the Brock Holdings Third Quarter Earnings Conference Call. At this time, all participants are on a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1-1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1-1 again. Please note that today's conference is being recorded. I will now hand the conference over to your speaker host, John Bump, Vice President of Investor Relations. Please go ahead. Thank you and good morning, everyone. Welcome to the Prague Holdings Third Quarter 2025 Earnings Call. Joining me this morning are Steve Michaels, Prague Holdings President and Chief Executive Officer, and Brian Garner, our Chief Financial Officer. Many of you have already seen a copy of our earnings release issued this morning. which is available on our investor relations website, investor.progholdings.com. During this call, certain statements we make will be forward-looking, including comments regarding our revised 2025 full-year outlook and our guidance for the fourth quarter of 2025, the health of our lease portfolio and our capital allocation priorities, and the benefits we expect from our sale of the Vibe financial portfolio to Atlanticus Holdings Corporation, such as improving our capital efficiency and improving our profitability profile. Listeners are cautioned not to place undue emphasis on forward-looking statements we make today, all of which are subject to risks and uncertainties which could cause actual results to differ materially from those contained in the forward-looking statements. We undertake no obligation to update any such s...