Encore Capital Group (ECPG) Tops Q2 EPS by $2.04

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Go back to Encore Capital Group (ECPG) Tops Q2 EPS by $2.04

Encore Capital Group Announces Second Quarter 2020 Financial Results

August 5, 2020 4:06 PM EDT

Record GAAP net income of $130 million, or $4.13 per share
Record non-GAAP adjusted net income of $137 million, or $4.34 per shareRecord global revenues grew 23% to $426 millionEnded Q2 with Companys strongest ever liquidity position

SAN DIEGO, Aug. 05, 2020 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for the second quarter ended June 30, 2020.

Encore had an outstanding second quarter as we delivered record global revenues and earnings, said Ashish Masih,... More