Oportun Financial shares surge 13.64% after-hours after CEO departure and raised Q4 revenue/EBITDA guidance.

Oportun Financial Corp (NASDAQ:OPRT) surged 13.64% in after-hours trading following two key developments: the announcement of CEO Raul Vazquez’s departure and a significant upward revision of its fourth-quarter revenue and adjusted EBITDA forecasts. The company raised its revenue guidance to $246–248 million, exceeding the $242.64 million consensus, and increased adjusted EBITDA projections to $40–42 million from $31–37 million. These improvements signaled stronger-than-expected performance and operational resilience, bolstering investor confidence. The CEO’s exit, while potentially disruptive, was offset by the positive financial updates, which highlighted the company’s ability to capitalize on its niche in underserved credit markets. The combined effect of revised guidance and leadership changes drove the sharp post-market rally.