PRA Group reported this week that it made $34 million during the fourth quarter of 2021, up from $30 million in the same period a year earlier, while profits for all of 2021 were up to $183 million, from $149 million in 2020. Overall revenue at the company in the …
Read More »Profits Level for PRA Group in 2Q as CEO Reaffirms Core Strategic Principles
Profits at PRA Group were down slightly in the second quarter of 2021, compared with the second quarter of last year, but the company is still riding high from its strong first-quarter results, the company announced on Thursday. As well, during a call with financial analysts, the Chief Executive of …
Read More »Profits For 2020 Up at Encore Capital Group
Profits for all of 2020 were up at Encore Capital Group even though it made less money in the fourth quarter than it did in the same period a year earlier, according to the company’s quarterly financials that were released yesterday. Even though the company spent 34% less on portfolio …
Read More »Performant Reports Higher Revenues, But Larger Loss in 2Q
Performant Financial Corp. announced a 14% increase in revenue for the second quarter, compared with the same period a year ago, but a net loss of $6.4 million, down from $3.6 million last year. The company continued to tout its expansion into the healthcare market as it de-emphasizes its focus …
Read More »Net Income Drops at PRA Group as Legal Collections, Payment Plan Offerings Increase
Net income at PRA Group dropped slightly to $18.6 million during the second quarter of 2019, down from $19.6 million during the same quarter of last year, the company announced yesterday. The company announced a record amount of collections — $470.3 million, or 16% higher than the second quarter of …
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