PRA Group (PRAA) Misses Q2 EPS
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PRA Group Reports Second Quarter 2017 Results
August 8, 2017 4:06 PM EDTNORFOLK, Va., Aug. 08, 2017 (GLOBE NEWSWIRE) -- PRA Group (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the second quarter of 2017. The company reported net income of $11.7 million in the second quarter, compared with $36.5 million in the prior year period. Diluted earnings per share were $0.25 versus $0.79 in the second quarter of 2016.
Second Quarter Business Highlights
Delivered record quarterly investment in purchased portfolios in Americas Core and Americas Insolvency, outside of a business... More