PRAA News & Events

Reports Q4 revenue $333.39M, consensus $288.86M. "PRA made significant progress in 2025. Since stepping into the CEO role in June, we have further strengthened our U.S. operational platform, built on the track record of our European franchise, and developed our longer-term strategy and key financial goals," said CEO Martin Sjolund. "In the U.S., we successfully executed against our near-term strategic priorities, including driving cost savings, reorganizing our operations, creating a new talent hub, and implementing our IT modernization roadmap. Our adjusted non-GAAP results demonstrate a stable earnings platform, underpinned by a strong and well-diversified capital structure with moderate leverage that has declined in recent quarters. During Q4, we repurchased $10M of our shares, bringing the total amount repurchased in 2025 to $20M, in line with our capital allocation strategy to drive shareholder value. Looking ahead, we are introducing our PRA 3.0 strategy to evolve the company into a high-performing, technology-enabled global allocator of capital. We believe that the actions we are taking will drive stronger financial results and unlock meaningful long-term value for our shareholders."

Reports Q3 revenue $311.14M, consensus $295.77M. "It has now been just over 100 days since I have stepped into the CEO role, and my focus has been on accelerating what is working well and tackling areas of our business that need to be improved," said CEO Martin Sjolund. "During this time, we achieved significant progress against our strategic priorities for the U.S. business that we shared last quarter, including driving cost efficiency, reorganizing our U.S. operations, creating a new talent hub, bringing our headquarters corporate and support staff back to the office, and developing our IT modernization roadmap...Cash collections grew 14% year-over-year, reflecting recent purchases, the continued strong performance of our European business, and growing momentum in our U.S. operational initiatives...Overall, we are heading in the right direction and are focused on continuing to improve the financial performance of our business."