VANCOUVER – VANCOUVER, British Columbia (AP) _ Emergent Capital Inc. (EMG) on Monday reported a loss of $7.5 million in its first quarter.
The Vancouver, British Columbia-based company said it had a loss of 27 cents per share.
The specialty finance company posted revenue of $8.5 million in the period.
In the final minutes of trading on Monday, the company’s shares hit $4.13. A year ago, they were trading at $6.40.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EMG at http://www.zacks.com/ap/EMG
Keywords: Emergent Capital, Earnings Report