Consumer Portfolio Services (CPSS) Tops Q3 EPS by 2c
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CPS Announces Third Quarter 2016 Earnings
October 17, 2016 4:15 PM EDTPretax income of $12.5 millionNet income of $7.3 million, or $0.26 per diluted shareNew contract purchases of $242 millionTotal managed portfolio increases to $2.29 billion from $2.25 billion at June 30, 2016 Â Â Â
LAS VEGAS, NV, Oct. 17, 2016 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (CPS or the Company) today announced earnings of $7.3 million, or $0.26 per diluted share, for its third quarter ended September 30, 2016. This compares to net income of $8.8 million, or $0.28 per diluted share, in the third quarter of 2015.
Revenues for the third quarter of 2016 were $108.5 million, an increase of $14.5... More
