United Development Funding IV (UDF) Reports Q2 EPS of $0.47

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United Development Funding IV Reports Second Quarter 2015 Financial Results

August 5, 2015 7:00 AM EDT

2015 Second Quarter Highlights and Comparisons to 2014 Second Quarter:

Net interest income after provision for loan losses increased 6% to $17.8 million Net income increased 26% to $14.3 million Earnings per share increased 34% to $0.47 Net investments in loan participation interests and notes receivable increased 10% to $618.6 million On June 26, 2015, United Development Funding IV joined the broad-market Russell 3000® Index, the Russell Global and Russell Microcap® indexes at the conclusion of the Russell indexes' annual reconstitution

GRAPEVINE, Texas, Aug. 5, 2015 (GLOBE... More