Asta Funding, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended March 31, 2019
Asta Funding, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended March 31, 2019. For the quarter, the company reported total revenues of $5,233,000 compared to $5,719,000 a year ago. Net income was $1,773,000 compared to $1,020,000 a year ago. Net basic earnings per share was $0.27 compared to $0.15 a year ago.
For the nine months, the company reported total revenues of $10,701,000 compared to $10,956,000 a year ago. Net income was $3,048,000 compared to loss of $1,649,000 a year ago. Net basic and diluted earnings per share was $0.46 compared to loss per share of $0.25 a year ago.