Consumer Portfolio Services (CPSS) Reports Q2 EPS of $0.17

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Go back to Consumer Portfolio Services (CPSS) Reports Q2 EPS of $0.17

CPS Announces Second Quarter 2017 Earnings

July 24, 2017 4:00 PM EDT

Pretax income of $8.0 millionNet income of $4.6 million, or $0.17 per diluted shareNew contract purchases of $234 millionTotal managed portfolio increases to $2.34 billion from $2.31 billion at December 31, 2016

LAS VEGAS, NV, July 24, 2017 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (CPS or the Company) today announced earnings of $4.6 million, or $0.17 per diluted share, for its second quarter ended June 30, 2017.  This compares to net income of $7.3 million, or $0.25 per diluted share, in the second quarter of 2016.

Revenues for the second quarter of 2017 were $110.1 million, an increase of $5.1 million, or 4.9%, compared to... More