Credit acceptance announces third quarter 2022 results

Southfield, michigan , nov. 01, 2022 (globe newswire) -- credit acceptance corporation (nasdaq: cacc) (referred to as the “company”, “credit acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $86.8 million, or $6.49 per diluted share, for the three months ended september 30, 2022 compared to consolidated net income of $250.0 million, or $15.79 per diluted share, for the same period in 2021. for the nine months ended september 30, 2022, consolidated net income was $408.5 million, or $29.74 per diluted share, compared to consolidated net income of $740.7 million, or $44.73 per diluted share, for the same period in 2021.
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