Inactive Instrument

Asta Funding, Inc.

ASFI

US0462201098

Asta Funding, Inc. Reports Earnings Results for the Third Quarter Ended June 30, 2019

August 13, 2019 at 04:52 pm

Asta Funding, Inc. announced earnings results for the third quarter ended June 30, 2019. For the third quarter, the company announced net income was USD 2.304 million compared to USD 1.957 million a year ago. Basic earnings per share was USD 0.35 compared to USD 0.29 a year ago. For the nine months, net income was USD 5.352 million compared to USD 308,000 a year ago. Basic earnings per share from continuing operations was USD 0.8 compared to USD 0.06 a year ago. Basic earnings per share was USD 0.8 compared to USD 0.05 a year ago.

Latest news about Asta Funding, Inc.

Asta Funding, Inc. Announces Board Changes	20-10-05	CI
Gary M. Stern, Chairman, President and Chief Executive Officer of Asta Funding, Inc., Ricky Stern and certain related parties completed the acquisition of 38.2% stake in Asta Funding, Inc..	20-09-28	CI
Asta Funding, Inc.(NasdaqGS:ASFI) dropped from S&P TMI Index	20-09-28	CI
Asta Funding, Inc.(NasdaqGM:ASFI) dropped from Russell Microcap Index	20-09-28	CI
Asta Funding, Inc.(NasdaqGM:ASFI) dropped from Russell Microcap Value Index	20-09-28	CI
Asta Funding, Inc. Reports Earnings Results for the Third Quarter Ended June 30, 2020	20-08-14	CI
RBF Capital LLC Enters into Settlement and Voting Agreement with Asta Funding, Inc.	20-06-26	CI
Asta Funding, Inc. Reports Earnings Results for the Second Quarter Ended March 31, 2020	20-05-29	CI
RBF Capital Sends Letter to Asta Funding	20-05-22	CI
RBF Capital LLC made a proposal to acquire remaining 91.1% stake in Asta Funding, Inc. for $77.8 million.	20-05-21	CI
RBF Capital Discloses its Views on Asta Funding	20-04-21	CI
Asta Funding, Inc. Enters Into an Agreement and Plan of Merger with Asta Finance Acquisition Inc.	20-04-09	CI
Asta Funding, Inc. Reports Earnings Results for the First Quarter Ended December 31, 2019	20-02-21	CI
Asta Funding, Inc. Reports Earnings Results for the Full Year Ended September 30, 2019	19-12-20	CI
Tranche Update on Asta Funding, Inc.'s Equity Buyback Plan announced on May 17, 2019.	19-12-20	CI
Gary Stern Provides Information to Shareholders	19-11-22	CI
Gary Stern Submits a Non-Binding Proposal to Asta Funding	19-11-01	CI
Gary M. Stern, Chairman, President and Chief Executive Officer of Asta Funding, Inc., offered to acquire an additional 66.8% stake in Asta Funding, Inc. for $57.5 million.	19-10-31	CI
Asta Funding, Inc. Appoints Steven Leidenfrost as Chief Financial Officer, Effective as of September 23, 2019	19-09-16	CI
Asta Funding, Inc. Announces Resignation of Bruce R. Foster as Chief Financial Officer, Effective from September 22, 2019	19-08-22	CI
Asta Funding, Inc.'s Equity Buyback announced on May 17, 2019 has expired with the repurchase of 117,650 shares, representing 1.77% for $0.84 million.	19-08-16	CI
Asta Funding, Inc. Reports Earnings Results for the Third Quarter Ended June 30, 2019	19-08-13	CI
Tranche Update on Asta Funding, Inc.'s Equity Buyback Plan announced on May 17, 2019.	19-08-13	CI
Asta Funding, Inc. announces an Equity Buyback for $10.5 million worth of its shares.	19-05-17	CI
Asta Funding, Inc. authorizes a Buyback Plan.	19-05-16	CI

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Company Profile

Asta Funding, Inc. is primarily engaged in the businesses of acquiring, managing, servicing and recovering on portfolios of consumer receivables. The Company operates through four segments: Consumer Receivables, Personal Injury Claims, Structured Settlements and GAR Disability Advocates. The Consumer receivables segment is engaged in purchasing, managing for its own account and servicing distressed consumer receivables, including charged off receivables, semi-performing receivables and performing receivables. The Personal injury claims segment includes the operations of its subsidiary, Pegasus Funding, LLC. The Structured settlements segment includes the operations of CBC Settlement Funding, LLC (CBC). The GAR Disability Advocates segment includes the operations of GAR Disability Advocates, LLC (GAR Disability Advocates). GAR Disability Advocates is a social security benefit and disability advocacy group.

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Consumer Lending

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