Brief: Iou Financial reports qtrly results for the three months ended June 30
29/08/2017 13:00
Aug 29 (Reuters) - Iou Financial Inc IOU.V
* Releases financial results for the three and six month
period ended June 30, 2017
* Gross revenue during Q2 of $4.4 million versus $3.5
million for same period last year
* Company is on track to achieve its target of quarterly
operating costs of $2.0 million to $2.2 million on a normalized
basis in Q3
* Provision for loan losses increased to $2.4 million for
three-month period ended June 30, 2017, up from $1.2 million for
previous year
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Further company coverage: IOU.V
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