Emergent Capital (EMG) Reports Q1 Loss of $0.27

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Emergent Capital, Inc. Announces First Quarter 2016 Results

May 9, 2016 4:05 PM EDT

BOCA RATON, Fla., May 9, 2016 /PRNewswire/ -- Emergent Capital, Inc. (NYSE: EMG) ("Emergent" or the "Company"), today announced its financial results for the three month period ended March 31, 2016.

Three Months Ended March 31, 2016Total income from continuing operations was $8.5 million for the three month period ended March 31, 2016 compared to income from continuing operations of $13.0 million for the same period in 2015.   This decrease was primarily due to a $3.4 million reduction... More