Asta Funding Announces Results for The Second Quarter Ended March 31, 2019
ASTA FUNDING (ASFI)
US:NASDAQ Investor Relations:
astafunding.com/investor-relations.html
Company Research
Source: GlobeNewswire
? $1.8 million in net income for the quarter ended March 31, 2019?Diluted EPS rose to $0.27 for the quarter ended March 31, 2019? $50.1 million in cash & securities as of March 31, 2019 ENGLEWOOD CLIFFS, N.J., May 13, 2019 (GLOBE NEWSWIRE) -- Asta Funding, Inc. (NASDAQ: ASFI) (the “Company”), a diversified financial services company, today announced results for the second quarter ended March 31, 2019. Three Months Ended March 31, 2019 Results For the three months ended March 31, 2019, net income was $1.8 million, or $0.27 per diluted share, as compared to net income of $1.0 million, or $0.15 per diluted share for the three months ended March 31, 2018. Total income for the three months ended March 31, 2019 increased $0.1 million to $5.9 million, compared to $5.8 million for the three months ended March 31, 2018. Total revenue included in the three months ended March 31, 2019 is approximately $3.5 million in total revenue from finance income from the distressed recei
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