GWG Holdings (GWGH) Reports Q2 Loss of $0.32/Share
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GWG Holdings, Inc. Announces Second Quarter Financial Results
August 11, 2015 8:15 AM EDTMINNEAPOLIS, Aug. 11, 2015 /PRNewswire/ --Â 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 and six months ending June 30, 2015.
Highlights
GWGH reports the following highlights:
Quarterly revenue growth of 56% and 131% compared to the three and six month periods one year ago. Portfolio growth of $51.3 million in face value to over $806 million in face value of policy benefits, net of matured policy benefit payments as of June 30, 2015.... More