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ENCORE CAPITAL GROUP INC [ECPG]  posts $194.56M profit as revenue falls 13.39% to $1,398.35M

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  
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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.

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