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Upstart Holdings records $4.1 billion in total loans for Q3 and lowers revenue guidance

The Motley Fool +1 · ·by G4L

UPST
UPST Upstart Holdings Inc
$20.41 -8.27%
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  1. 1Upstart recorded 574,089 approved loans in the third quarter.
  2. 2Upstart achieved a total loan volume of $4.1 billion in the third quarter.
  3. 3Upstart Holdings lowered its 2026 revenue guidance to $1.35 billion, a decrease of $50 million.

So what's the key point?

Upstart Holdings provided $4.1 billion in loans during the third quarter. However, the company has lowered its expected future revenue projections.

Source The Motley Fool +1 · View original ↗

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