Emergent Capital, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2018
Emergent Capital, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company’s total income was $5,591,000 against $25,590,000 a year ago. Net loss from continuing operations was $3,994,000 against net income from continuing operations was $1,884,000 a year ago. Loss from continuing operations before income taxes was $3,994,000 against income from continuing operations before income taxes was $1,884,000 a year ago. Net loss was $3,995,000 against net income of $1,695,000 a year ago. Basic and diluted loss per common share from continuing operations was $0.03 against income per common share of $0.07 a year ago. Basic and diluted loss per common share was $0.03 against income per common share of $0.06 a year ago.