Asta Funding Inc will report its financial results for the second quarter and six months of fiscal year 2010. Asta Funding Inc trades on the “NASDAQ” under the stock symbol “ASFI”. For More information regarding “ASFI” or the Latest Stock Market Information, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.
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Asta Funding Inc. (NASDAQ:ASFI), a consumer asset management and liquidation firm, will report its financial results for the second quarter and six months of fiscal year 2010 ended March 31, 2010 before the stock market opens on Thursday, May 6th.
Asta Funding, Inc.'s senior executives will hold a conference call for investors on Thursday, May 6th beginning at 10:30am (ET) to discuss the company's financial results. To participate in the conference call as a U.S. or Canadian resident, just call in Toll-free at: (877) 407-8037. For International callers dial-in at: (201) 689-8037
About Asta:
Asta Funding Inc. together with its subsidiaries, engages in purchasing, managing, and servicing distressed consumer receivables in the United States. Its principal portfolio includes charged-off receivables, semi-performing receivables, and performing receivables. These receivables consist of MasterCard, Visa, and private label credit card accounts; telecommunication receivables; consumer loan receivables; retail installment contracts; consumer receivables; and auto deficiency receivables. The company was founded in 1994 and is based in Englewood Cliffs, New Jersey.
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This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements might not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets.
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