September 8, 1999 |
Onyx Acceptance Corp., the Foothill Ranch-based auto lender, has been named by Individual Investor magazine as one of America's fastest-growing companies. Onyx was one of only four companies on the list with a market capitalization under $75 million and a "thumbs up" rating from the magazine.
April 23, 1999
Shares in Onyx Acceptance Corp., the Foothill Ranch automobile finance company, surged 37% Thursday after the company said its first-quarter net income nearly tripled. Onyx said profits rose to $2.2 million, or 34 cents a share, from $742,360, or 12 cents a share, for the like period last year. Revenue increased 66% to $19.6 million from $11.8 million. The company's stock closed Thursday at $8.63 a share, up $2.31.
July 23, 1998
Onyx Acceptance Corp.: The Irvine automobile finance company said second-quarter net income more than doubled, to $1.4 million, or 21 cents a share, from $653,210, or 10 cents a share, in the same period of 1997. Revenue gained 63% to $14.2 million from $8.7 million. Net income for the six-month period increased 69% to $2.2 million, or 34 cents a share, from $1.3 million, or 20 cents a share, for the like period a year ago. Revenue advanced 64% to $26.1 million from $15.9 million.