ENCORE CAPITAL GROUP INC [ECPG] posts $194.56M profit as revenue falls 13.39% to $1,398.35M
By USInMinutes
Published - Feb 22, 2023, 06:20 PM ET
Last Updated - Mar 06, 2023, 02:39 PM EST
Net Sales: | $1,398.35M |
ENCORE CAPITAL GROUP INC [ECPG] posted a profit of $194.56M, marking a fall of 44.60% for this year.
Revenue fell to $1,398.35M this year compared to $1,614.50M in the previous year.
According to the latest annual report the company has filed with the SEC, current earnings were $194.56M, down 44.60% from $351.20M.
The company’s net sales for the period were $1,398.35M, down 13.39%. Net sales in the previous year were $1,614.50M.