PROG Holdings, Inc. (PRG) saw its stock price surge 9.04% in pre-market trading on Wednesday, following the release of its first-quarter financial results.
The company reported Q1 revenue of USD 742.7 million, surpassing the Ibes estimate of USD 721.8 million. This positive earnings surprise is the primary driver behind the significant pre-market gain, as investors reacted favorably to the stronger-than-expected top-line performance.
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