Elevate your local knowledge
Sign up for the iNFOnews newsletter today!
Emergent Capital posts loss of $7.5 million in first quarter
VANCOUVER, British Columbia (AP) _ Emergent Capital Inc. (EMG) on Monday reported a loss of $7.5 million in its first quarter.
The Vancouver, British Columbia-based company said it had a loss of 27 cents per share.
The specialty finance company posted revenue of $8.5 million in the period.
In the final minutes of trading on Monday, the company’s shares hit $4.13. A year ago, they were trading at $6.40.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EMG at http://www.zacks.com/ap/EMG
_____
Keywords: Emergent Capital, Earnings Report
News from © The Associated Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Join the Conversation!
Want to share your thoughts, add context, or connect with others in your community?
You must be logged in to post a comment.
