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 share Record global revenues grew 23% to $426 million Ended Q2 with Company’s 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…
SAN DIEGO, July 20, 2020 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the second quarter of 2020 on Wednesday, August 5, 2020, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern…
GAAP loss of $(0.33) per share and non-GAAP Economic loss of $(0.19) per share includes $2.77 per share negative impact of COVID-19-related collections forecast revisions Record global cash collections of $527 million Global revenues of $289 million are net of a $109 million non-cash charge due to COVID-19-related collections forecast revisions SAN DIEGO, May 11, 2020 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today…
SAN DIEGO, April 20, 2020 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the first quarter of 2020 on Monday, May 11, 2020, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern…
CORRECTED RELEASE: This press release reflects revisions made to correct a classification error in the unaudited statement of operations for the three months ended December 31, 2019 between servicing revenue and other revenues. The corrected release follows: Encore Capital Group Announces Fourth Quarter and Full-Year 2019 Financial Results • Encore delivers new records for collections, revenues,…
SAN DIEGO, February 12, 2020 -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the fourth quarter and full-year of 2019 on Wednesday, February 26, 2020, after the market closes. The Company will also host a conference call and slide presentation the same day…
SAN DIEGO, Nov. 26, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq: ECPG), an international specialty finance company, today announced that Ken Stannard will be stepping down from his role as Executive Director and Chief Executive Officer of its European subsidiary, Cabot Credit Management and, subject to certain regulatory approvals, has appointed Craig Buick as his successor, effective at the end of 2019. “Under Ken’s leadership,…
Organization Recognizes Encore as ‘Winning (W)’ Company for Commitment to Diversity SAN DIEGO, Nov. 21, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq: ECPG), an international specialty finance company, has been recognized as a “Winning (W)” company by 2020 Women on Boards for its commitment to board-level diversity. Over one-quarter of Encore’s current eleven board directors (and beginning in June 2020, one-third of…
GAAP EPS of $1.23 per share and record non-GAAP Economic EPS of $1.64 per share Encore global revenues up 6% to a record $356 million MCM (United States) portfolio purchases up 41% to $173 million and on track for record in 2019 SAN DIEGO, Nov. 06, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for…
Triple Win at Industry Awards Oct. 30, 2019 – Cabot Credit Management, one of the largest credit management service providers in Europe, has won three awards at the Collections and Customer Service Awards 2019 – Debt Purchaser of the Year and Best Vulnerable Customer Support – Strategy - with Cabot Financial and – Best Legal Service…
