Imperial Holdings (IFT) Misses Q1 EPS by 24c

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Imperial Holdings, Inc. Announces First Quarter 2015 Results

May 6, 2015 4:10 PM EDT

BOCA RATON, Fla., May 6, 2015 /PRNewswire/ -- Imperial Holdings, Inc. (NYSE: IFT) ("Imperial" or the "Company") announced today its financial results for the three months ended March 31, 2015.

Three Months Ended March 31, 2015

Total income from continuing operations was $13.0 million for the three months ended March 31, 2015 compared to a total income from continuing operations of $13.6 million for the same period in 2014. Total expenses were $19.1 million for the three months ended March 31, 2015 compared to $12.9 million for the same period in 2014. The increase in expenses was primarily due to a $3.5 million increase in... More