ASTA FUNDING, INC. (NASDAQ:ASFI) Files An 8-K Results of Operations and Financial Condition
Item2.02 Results of Operations and Financial Condition
On May 26, 2017 Asta Funding, Inc. issued a press release
announcing its financial results for the second quarter of the
fiscal year ended September30, 2017, the quarterly period ended
March 31, 2017. A copy of the press release, including financial
information released as a part thereof, is furnished as
Exhibit99.1 to this Current Report on Form 8-K.
The information in this Item2.02 of this Current Report,
including Exhibit99.1, is being furnished and shall not be deemed
filed for purposes of Section18 of the Securities Exchange Act of
1934, as amended (the Exchange Act) or otherwise subject to the
liabilities of that Section. The information in this Item2.02 of
this Current Report, including Exhibit99.1,shall not be
incorporated by reference into any registration statement or
other document to the Securities Act of 1933, as amended, or the
Exchange Act.
Item9.01 Exhibits
(d)Exhibits. The following exhibit is furnished with this Current
Report on Form 8-K:
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No. |
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Description |
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99.1 |
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Press Release dated May 26, 2017, announcing financial |
About ASTA FUNDING, INC. (NASDAQ:ASFI)
Asta Funding, Inc. is primarily engaged in the businesses of acquiring, managing, servicing and recovering on portfolios of consumer receivables. The Company operates through four segments: Consumer Receivables, Personal Injury Claims, Structured Settlements and GAR Disability Advocates. The Consumer receivables segment is engaged in purchasing, managing for its own account and servicing distressed consumer receivables, including charged off receivables, semi-performing receivables and performing receivables. The Personal injury claims segment includes the operations of its subsidiary, Pegasus Funding, LLC. The Structured settlements segment includes the operations of CBC Settlement Funding, LLC (CBC). The GAR Disability Advocates segment includes the operations of GAR Disability Advocates, LLC (GAR Disability Advocates). GAR Disability Advocates is a social security benefit and disability advocacy group. ASTA FUNDING, INC. (NASDAQ:ASFI) Recent Trading Information
ASTA FUNDING, INC. (NASDAQ:ASFI) closed its last trading session down -0.05 at 6.70 with 4,758 shares trading hands.
