Encore Capital Group, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 312.63 million compared to USD 499.68 million a year ago. Net income was USD 18.63 million compared to USD 175.75 million a year ago.

Basic earnings per share from continuing operations was USD 0.79 compared to USD 7.11 a year ago. Diluted earnings per share from continuing operations was USD 0.75 compared to USD 6.4 a year ago.