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Elevate Credit chief credit officer to retire

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Elevate Credit chief credit officer to retire

Elevate Credit Inc. Chief Credit Officer Walt Ramsey is retiring, effective Sept. 30.

Ramsey is retiring to spend more time with his family and take care of personal matters.

Additionally, the company reaffirmed its financial outlook for full-year 2017. The company said it still anticipates total revenue of $680 million to $720 million, net income of $13 million to $19 million and adjusted EBITDA of $95 million to $105 million.

The company reported second-quarter net income of $3.0 million, or 8 cents per share, compared with a net loss of $7.5 million, or a loss of 59 cents per share, in the prior-year quarter.