Consumer Portfolio Services (CPSS) Reports a Q3 Loss

November 16, 2009 5:36 PM EST

Consumer Portfolio Services, Inc. (NASDAQ: CPSS) reports a Q3 loss of $0.23 compared to a loss of $0.32 for the same period last year.

Total revenues for the third quarter of 2009 were $52.8 million, a decrease of approximately $38.9 million, or 42.4%, compared to $91.7 million for the third quarter of 2008.

Total operating expenses for the third quarter of 2009 were $57.1 million, a decrease of $47.3 million, or 45.3%, as compared to $104.4 million for the 2008 period.

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