Asta Funding, the financial services company which specialises in factoring and the purchase, liquidation and management of performing and non-performing consumer receivables, today reported results for its third quarter ended 30 June 2001.
Net income for the three months ended 30 June 2001, rose 49% to $2,435,000 from $1,571,000 as compared to the period ended 30 June 2000. Revenues for the three months ended 30 June 2001, were $6,720,000, an increase of 75% over revenues of $3,834,000 for the prior year period.
Source: PR Newswire
