Revenue Update on Asta Funding(NASDAQ:ASFI)

Asta Funding(NASDAQ:ASFI) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during Pre-market on Aug 9, 2016. Earnings per share were $0.26.

Several Insider Transactions has been reported to the SEC. On Mar 14, 2016, Harvey Leibowitz (director) sold 2,000 shares at $8.07 per share price.

Asta Funding Inc. is engaged in the business of purchasing managing for its own account and servicing distressed consumer receivables including charged off receivables and semi-performing receivables. The Company operates through four segments: Consumer receivables Personal injury claims structured settlements and disability advocacy. The Consumer receivables segment is engaged in the business of purchasing managing for its own account and servicing distressed consumer receivables. The Personal injury claims segment consists of the operations of Pegasus Funding LLC (Pegasus) which primarily invests in funding personal injury claims. The structured settlements segment consists of the operations of CBC Settlement Funding LLC (CBC) which invests in structured settlements. The disability advocacy segment consists of the operations of GAR Disability Advocates LLC (GAR Disability Advocates) a non-attorney a social security disability advocacy firm.

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