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GWG Holdings (GWGH) Reports Q3 EPS of $0.98

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GWG Holdings Reports Third Quarter 2016 Financial Results

November 8, 2016 8:15 AM EST

MINNEAPOLIS, Nov. 08, 2016 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq: GWGH), a specialty finance company and a leading purchaser in the life insurance secondary market, today announced its financial results for the third quarter ended September 30, 2016.

Highlights for the Three Months Ended September 30, 2016

GAAP Financial InformationTotal revenue of $13.9 million, up over 68% from the prior yearNet loss attributable to common shareholders of $2.6 million, or $0.50 per basic and fully diluted share, respectivelyNon-GAAP Financial Information1Adjusted... More