GWG Holdings (GWGH) Reports Q2 Loss of $1.34/Share

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Go back to GWG Holdings (GWGH) Reports Q2 Loss of $1.34/Share

GWG Holdings Reports Second Quarter 2017 Financial Results

August 10, 2017 8:15 AM EDT

MINNEAPOLIS, Aug. 10, 2017 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq: GWGH), the parent company of GWG Life, a financial services company committed to transforming the life insurance industry through disruptive and innovative products and services, today announced its financial results for the second quarter ended June 30, 2017.

Highlights for the Three Months Ended June 30, 2017

GAAP Financial Information Total revenue of $11.7 millionGAAP net loss attributable to common shareholders of $7.7 million, or ($1.34) per basic and fully diluted share Adjusted Non-GAAP Financial... More