ASTA FUNDING, INC. (NASDAQ:ASFI) Files An 8-K Results of Operations and Financial ConditionItem 2.02 Results of Operations and Financial Condition
On August 9, 2017 Asta Funding, Inc. issued a press release announcing its financial results for the third quarter of the fiscal year ended September30, 2017, the quarterly period ended June 30, 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 Item 2.02 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 Item 2.02 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.
Item 2.02 Exhibits
(d)Exhibits. The following exhibit is furnished with this Current Report on Form 8-K:
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No. |
Description |
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99.1 |
Press Release dated August 9, 2017, announcing financial results for the third quarterof Fiscal Year 2017 |
ASTA FUNDING INC ExhibitEX-99.1 2 ex99-1.htm EXHIBIT 99.1 asta20170808_8k.htm Exhibit 99.1 Investor Contact: Bruce R. Foster,…To view the full exhibit click here
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.
