=Elevate Credit (ELVT) reported earnings on Mon 30 Apr 2018 (a/h)

Elevate Credit beats by $0.08, beats on revs; reaffirms FY18 guidance 

• Reports Q1 (Mar) earnings of $0.22 per share, $0.08 better thanthe Capital IQ Consensus of $0.14; revenues rose 23.7% year/year to $193.5 mln vs the $189.4 mln Capital IQ Consensus. The total number of new customer loans for the first quarter of 2018 was ~70,000, an increase of 32.1% 
• Q2: Sees strong year over year revenue growth (but lower than Q1 due to seasonality vs. +22% consensus.
• Co reaffirms guidance for FY18, sees EPS of $0.50-1.05 vs. $0.73 Capital IQ Consensus Estimate; sees FY18 revs of $780-820 mln vs. $794.62 mln Capital IQ Consensus Estimate.