Emergent Capital (EMG) Reports Q3 Loss of $0.48

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Go back to Emergent Capital (EMG) Reports Q3 Loss of $0.48

Emergent Capital, Inc. Announces Third Quarter 2015 Results

November 9, 2015 4:25 PM EST

BOCA RATON, Fla., Nov. 9, 2015 /PRNewswire/ -- Emergent Capital, Inc. (NYSE: EMG) ("Emergent" or the "Company"), today announced its financial results for the three month and nine month periods ended September 30, 2015.

Three Months Ended September 30, 2015

Total income from continuing operations was $2.8 million for the three month period ended September 30, 2015 compared to a loss from continuing operations of $3.6 million for the same period in 2014. This increase was primarily a result of a $2.4 million realized gain on maturities... More