[情報] UPST.US 財報

懶人包：
Q1 eps 0.61
下調 2022 guidance 約10%
下調Q2 guidance 約50%
盤後斷頭台 -45%中
https://i.imgur.com/dHZc3N1.jpg

CFO says more conservative forecast reflects 'the general macro uncertaintiesand the emerging prospects of a recession'
首席財務官説，更保守的預測反映了總體宏觀不確定性和經濟衰退的新前景。

Shares of Upstart Holdings Inc. plunged more than 40% in after-hours trading Monday after the company cut its forecast for the full year, warning that the current macroeconomic climate is expected to weigh on loan volume.
週一盤後交易中，Upstart Holdings Inc.的股價暴跌逾40%，此前該公司下調了全年預期，並警告稱，當前的宏觀經濟環境預計將拖累貸款額。

The company, which uses artificial intelligence in lending decisions, now expects 2022 revenue of roughly $1.25 billion. Its prior forecast was for about $1.4 billion in revenue.
該公司在貸款決策中使用人工智能，目前預計2022年的收入約為12.5億美元。該公司此前的預測是營收約為14億美元。

The rise in consumer interest rates means that "on the margin, a whole bunch of people that would have been approved are no longer approved," Chief Executive Dave Girouard said on Upstart's (UPST) earnings call.
首席執行官戴夫椰N魯亞德在UpStart(UPST)的財報電話會議上表示，消費者利率的上升意味着“在邊際上，一大羣本可以獲得批准的人不再獲得批准。”

"So there's a whole bunch of loans that just never happened at all, and there's a bunch of people that are still approved, but the interest rate is a few percentage points higher, and a certain fraction of them are going to decide that's not the product that they want," he said, especially citing the case of discretionary purchases.
“因此，有一大堆貸款根本就沒有發生過，還有一大批人仍然獲得批准，但利率高了幾個百分點，其中一定一部分人會決定這不是他們想要的產品，”他説，特別是提到了可自由支配購買的情況。

Additionally, Chief Financial Officer Sanjay Datta noted that while delinquencies were "unnaturally low" for about 18 months, the trend has reversed given the absence of government stimulus activity.
此外，首席財務官Sanjay Datta指出，儘管違約率在大約18個月內處於“不正常的低水平”，但由於缺乏政府刺激活動，這一趨勢已經逆轉。

Delinquency dynamics also contribute to higher interest rates quoted to consumers, he said, though Upstart has seen a stabilization in delinquency trends over the past 60 days.
他説，拖欠動態也導致向消費者報價的利率上升，儘管UpStart在過去60天裏看到拖欠趨勢企穩。

"Given the general macro uncertainties and the emerging prospects of a recession later this year, we have deemed it prudent to reflect a higher degree of conservatism in our forward expectations," Datta said on Upstart's earnings call.
達塔在UpStart的財報電話會議上表示：“考慮到總體宏觀不確定性和今年晚些時候出現
的衰退前景，我們認為在前瞻性預期中反映出更高程度的保守主義是謹慎的。”

For the second quarter, Upstart anticipates revenue of $295 million to $305 million, while analysts had been expecting $335 million.
對於第二季度，UpStart預計收入在2.95億美元至3.05億美元之間，而分析師此前的預期為3.35億美元。

The bleaker forecast overshadowed better-than-expected results for Upstart's most recent quarter, as revenue jumped to $310 million from $121 million, while analysts had been expecting $300 million.
這一黯淡的預測蓋過了UpStart最近一個季度好於預期的業績，收入從1.21億美元躍升至3.1億美元，而分析師此前預計為3億美元。

The company generated $314 million in fee revenue, up 170% from a year prior,whereas the FactSet consensus was for $287 million
該公司產生了3.14億美元的手續費收入，同比增長170%，而FactSet的共識是2.87億美元

Upstart also reported first-quarter net income of $32.7 million, or 34 cents a share, compared with $10.1 million, or 11 cents a share, in the year-earlierperiod. After adjusting for stock-based compensation and other expenses, Upstart earned 61 cents a share, up from 22 cents a share a year prior and ahead of the FactSet consensus, which was for 53 cents a share.
UpStart還公佈了第一季度淨利潤為3,270萬美元，合每股34美分，而去年同期為1,010萬美元，合每股11美分。扣除基於股票的薪酬和其他費用後，UpStart每股盈利61美分，高於一年前的每股22美分，也高於FactSet共識的每股53美分。

"We are actually quite pleased and quite happy with the results," Girouard said on the earnings call. While he appreciates "that 2022 is a complicated yearin the economy," he emphasized that he's "exceptionally confident in the strength of the business and is optimistic about our future, as we have been."
吉魯亞德在財報電話會議上表示：“實際上，我們對業績感到非常滿意和滿意。”雖然他
理解“2022年是經濟形勢複雜的一年”，但他強調，他“對公司的實力非常有信心，對我
們的未來非常樂觀，就像我們一直以來的情況一樣。”

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