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Stock impact report

Burford Capital Ltd (BUR) Q3 Results Disappoints CEO Touts Underlying Growth amid Strong Business Activity [Yahoo! Finance]

Burford Capital Limited Ordinary Shares (BUR) 
US:NASDAQ Investor Relations: burcon.ca/investors/corporate_factsheet.php
Company Research Source: Yahoo! Finance
reiterated that Burford Capital (NYSE:BUR) is growing at a rate that will enable it to double the size of the platform by 2030. Burford Capital Ltd (BUR) Q3 Results Disappoints CEO Touts Underlying Growth amid Strong Business Activity The remarks are in stark contrast to the disappointing third-quarter results, in which revenues came in at $69.8 million, a significant decline from the $249.11 million reported in the same quarter last year. The company reported a net loss of $20.27 million, compared to an income of $157.86 million in the same quarter of the previous year. Amidst the disappointing financial results, the company experienced a 61% increase in third-quarter deployments, affirming strong business activity. The company kept up its growth pace, securing $637 million in new firm commitments, up 52% from the same period last year. It also broadened its operations across multiple regions to help spread out risk and strengthen its overall business mix. Chris Bogart, CEO o Show less Read more
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