GWG Holdings, Inc. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2020
November 24, 2020 at 02:40 am IST
GWG Holdings, Inc. announced earnings results for the third quarter and nine months ended September 30, 2020. For the quarter, the company reported revenue was $28,513,000 against $22,211,000 a year ago. Net loss attributable to common shareholders was $68,149,000 against $24,635,000 a year ago. Net loss per share was $2.23 against $0.75 a year ago.
For the nine months, the company reported revenue was $130,859,000 against $71,439,000 a year ago. Net loss attributable to common shareholders was $135,669,000 against $69,154,000 a year ago. Net loss per share was $4.44 against $2.09 a year ago.