GWG Holdings (GWGH) Reports Q1 EPS of $0.46

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Go back to GWG Holdings (GWGH) Reports Q1 EPS of $0.46

GWG Holdings, Inc. Announces First Quarter Financial Results

May 12, 2015 12:30 PM EDT

MINNEAPOLIS, May 12, 2015 /PRNewswire/ -- GWG Holdings, Inc. (NASDAQ: GWGH) ("GWG" or the "Company"), a specialty finance company and leader in the life insurance secondary market today announced financial results for the three months ending March 31, 2015.

Highlights

Reports basic earnings of $0.62 per share for the first quarter of 2015 Recognized $29.4 million of gross policy benefits in 2015 through May 11, 2015 Reports $46.7 million of gross policy benefits recognized in the twelve months ending March 31, 2015 Reports senior credit facility three-year renewal extension with enhanced terms Reports total liquidity position of $92.7... More