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Jun 30, 2020
Encore Q2 2020 Earnings Report
Reported record global revenues and earnings.
Key Takeaways
Encore Capital Group reported an outstanding second quarter with record global revenues of $426 million, up 23% year-over-year, and record GAAP net income of $130 million, or $4.13 per share.
Record GAAP net income of $130 million, or $4.13 per share
Record non-GAAP adjusted net income of $137 million, or $4.34 per share
Record global revenues grew 23% to $426 million
Ended Q2 with Company’s strongest ever liquidity position
Encore
Encore
Encore Revenue by Segment
Revenue by Segment
Total debt purchasing Revenue
CapyFin.comServicing Revenue
CapyFin.comOther revenues Revenue
CapyFin.com Forward Guidance
The company is well-positioned to capture upcoming opportunities in the U.S. and the U.K., their core markets, which are poised for a substantial increase in charged-off receivables coming to market in 2021 and beyond.
Revenue & Expenses
Visualization of income flow from segment revenue to net income