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3rd Quarter 2015 Earnings

November 12, 2015 SquareTwo Financial Reports Third Quarter 2015 Financial Results
DENVER , Nov. 12, 2015 /PRNewswire/ - SquareTwo Financial Corporation, a leader in the $100 billion asset recovery and management industry, today reported consolidated financial results for the quarter ended September 30, 2015 . "Third quarter performance was in line with our expectations," said President and CEO of SquareTwo Financial, Paul A. Larkins . "While the marketplace remained mostly unchanged as it relates to U.S. debt sales, we recorded our single largest portfolio acquisition in Canada demonstrating our focus on diversification. In addition, the issuance of two consent orders by the CFPB set the tone for the future regulatory environment, which we believe our business model is equipped to address." For the quarter ended September 30, 2015 : Cash proceeds on purchased debt were $86.3 million , a 15.5% decrease from the $102.1 million in the third quarter of 2014. Investment in purchased debt was $27.1 million , to purchase $411.0 million in face value of debt, compared to...

Quarterly Reports


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SquareTwo Financial – Investor Relations
4340 S. Monaco, Second Floor 
Denver, CO 80237 
Telephone: 303.713.2266