Upstart Holdings, Inc. (UPST) Q2 2022 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool
·57 min read
Upstart Holdings, Inc. (UPST) Q2 2022 Earnings Call Transcript

Good afternoon, and thank you for joining us on today's conference call to discuss Upstart's second quarter 2022 financial results. With us on today's call are Dave Girouard, Upstart's chief executive officer; and Sanjay Datta, our chief financial officer. Before we begin, I want to remind you that shortly after the market closed today, Upstart issued a press release announcing its second quarter 2022 financial results and published an investor relations presentation and credit FAQ.

Continue reading
  • Up next
  • Up next
  • Up next
  • Up next

Latest Stories

  • Who Is Don Lemon’s Husband? 3 Things to Know About Tim Malone

    Don Lemon and Tim Malone started dating in 2016, announced their engagement in 2019, and got married in 2024

  • Shoppers in their 50s and 60s gush about this No. 1 bestselling moisturizer with sunscreen and it’s just $15

    When the sun's out, this is the cream that over 62,000 rave reviewers reach for.

  • Emergency slide falls off Delta plane after takeoff

    The emergency exit slide fell off a Delta Airlines jet after taking off from New York en route to Los Angeles on Friday, Delta said. Delta said that crew on the flight, which had 183 people on board, declared an emergency and returned to John F. Kennedy International Airport, that it "supporting retrieval efforts." “As nothing is more important than the safety of our customers and people, Delta flight crews enacted their extensive training and followed procedures to return to JFK," the airline said.

  • Tesla faces probe over adequacy of Autopilot recall fix

    Tesla (TSLA) has been hit with an investigation from the National Highway Traffic Safety Administration over the company's Autopilot software recall. The probe is to investigate whether Tesla's solution to the recall was adequate enough. Yahoo Finance's Julie Hyman and Jared Blikre break down the latest Tesla turmoil. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino

  • UPDATE 1-Southern Copper's copper output seen above 1 mln tons in 2027, says Grupo Mexico

    Grupo Mexico expects its Southern Copper mining arm to produce over 1 million metric tons of copper by 2027, the division's finance chief said on Friday, pointing to better-than-expected production from its portfolio of projects. The company also edged up its forecasts for this year, predicting output of 949,000 tons, said Leonardo Contreras, the unit's chief financial officer, in an earnings call. Earlier this year, Grupo Mexico predicted output of 935,900 tons of copper for 2024, up from the 911,014 tons produced last year.

  • Earnings Calendar, Analyst Estimates And Stocks To Watch

    When searching for the best stocks to buy and watch, look for companies with strong earnings growth – and check the earnings calendar to see when they report. Be sure to also see our latest list of stocks  just added to — or removed from — IBD's top screens.

  • Chevrolet Equinox Plus is a PHEV for China, maybe America

    The 2025 Chevrolet Equinox Plus, a plug-in hybrid SUV, recently debuted at the Beijing Auto Show, promising a long driving range and familiar styling.

  • Takeaways from AP's investigation into fatal police encounters involving injections of sedatives

    The practice of giving sedatives to people detained by police spread quietly across the nation over the last 15 years, built on questionable science and backed by police-aligned experts, an investigation led by The Associated Press has found. At least 94 people died after they were given sedatives and restrained by police from 2012 through 2021, according to findings by the AP in collaboration with FRONTLINE (PBS) and the Howard Centers for Investigative Journalism. That’s nearly 10% of the more

  • Where the Men Taken Down With Harvey by #MeToo Are Now

    Photo Illustration by Luis G. Rendon/The Daily Beast/Getty ImagesHarvey Weinstein, whose New York rape conviction was just overturned, may have been the biggest #MeToo villain. But there are plenty of other bold-faced names in that rogue’s gallery. In the space of a couple of years, powerhouses of the entertainment, media, culinary, and political worlds would find themselves in disgrace as accusers came forward with stories of harassment, discrimination, and worse.Despite this week’s court rulin

  • The Power of Us: As EV demand slows, a new alternative fuel garners attention

    While electric vehicles' share of the automotive market is still growing, the rate at which Americans are buying new electric vehicles appears to be slowing. Kelley Blue Book reports that just under 270,000 EVs were sold in the first quarter of this year. "Something I'll say is that electric vehicles are for the patient," says Oleksiy Golub, who's driven EVs since 2020.

  • Alberta to pilot new social studies curriculum in the fall after facing blowback

    EDMONTON — Alberta's government says a new draft social studies curriculum for elementary schools is ready to be tested in classrooms this fall. But the union representing teachers says the curriculum is a fail and the rollout needs to be delayed. The United Conservative Party government first tried three years ago to update the province's decades-old curriculum for kindergarten to Grade 6 classes. It was condemned by many education experts for being age-inappropriate and too focused on memoriza

  • David Pecker’s fourth day of testimony: Trump’s hush-money trial at a glance

    Donald Trump is the first former president to face criminal charges. Here’s what you need to know about the New York case

  • Power Lines Downed in Central Nebraska Amid Tornado Warnings

    A resident of central Nebraska surveyed downed power lines in the area on Friday, April 26, amid severe weather warnings in the region.This footage was taken by Kare Gydesen Wolinski, who said she filmed it near Elba on Friday afternoon.The National Weather Service issued numerous tornado warnings for the state and warned Omaha residents to seek shelter. Credit: Kare Gydesen Wolinski via Storyful

  • Relegation-threatened Bochum grabs vital win over leaky Hoffenheim

    BOCHUM, Germany (AP) — Kevin Stöger scored twice as Bochum won for the first time in nine Bundesliga games by a nervy 3-2 over a leaky Hoffenheim on Friday. Hoffenheim has not kept a clean sheet for 26 games, a record run for the Bundesliga side. Hoffenheim remained in ninth place after missing a chance to leapfrog Augsburg and Freiburg and move into seventh. Hoffenheim had a penalty award rescinded after a video review midway through the first half and then fell behind to a superb Stöger free k

  • Courteney Cox Shares Her 1 Parenting Regret About Daughter Coco Arquette

    The "Friends" star raised her daughter with actor David Arquette.

  • Students Denied High School Graduation Due to COVID May Miss Out Again amid College Protests

    “We’ve missed out on enough,” said one senior, who also acknowledged it seems trivial "to complain about graduation when people’s lives are on the line"

  • I am not the Baby Reindeer stalker, insists woman targeted online

    A woman who claims to have been targeted online following the release of Netflix show Baby Reindeer has insisted she is not the stalker who inspired the series.

  • Voice of 'Hockey Night in Canada' Bob Cole never considered moving out of St. John's

    ST. JOHN'S, N.L. — Newfoundlanders remember legendary "Hockey Night in Canada" sportscaster Bob Cole as a national star who proved that someone from the country's easternmost province could make it big on the mainland, all without moving away. Cole's connection to Newfoundland and Labrador, including his home in the provincial capital, was "everything" to him, said Megan Cole, his daughter, in a message Friday. "Many times through his career he was asked to move for the job, was offered broadcas

  • Mississippi legislative leaders swap proposals on possible Medicaid expansion

    JACKSON, Miss. (AP) — Mississippi Senate leaders on Friday said for the first time that they are willing to expand Medicaid to the full level allowed under a federal law signed 14 years ago by then-President Barack Obama. But as part of negotiations with fellow Republicans in the House, key senators also continued to insist that any Medicaid expansion plan include a work requirement for recipients. Georgia is the only state with a similar requirement, and it is suing the federal government to tr

  • Woman pleads guilty to being accessory in fatal freeway shooting of 6-year-old boy

    The Orange County Register reports that Wynne Lee, 26, entered the plea Friday in Orange County Superior Court in Santa Ana. Lee was sentenced to four years in prison and given credit for time served and good behavior, the newspaper reported. In May 2021, Lee was driving to work with her boyfriend, Marcus Eriz, when the driver of another car made a rude gesture after she was cut off on the highway.