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$DRSV Included in the Operating Income and Net lo

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Post# of 18536
(Total Views: 109)
Posted On: 03/16/2017 8:58:29 AM
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Posted By: Lets Roll
$DRSV Included in the Operating Income and Net loss for the quarter ending December 31, 2016 was a one-time charge of $544,917 as a provision for future A/R bad debt.

"We are excited by the continued performance of our majority owned joint venture, Student Loan Care LLC," said Bruce Bellmare, Debt Resolve's CEO. "In addition to the substantial increase in revenue, there was a strong growth in operating income quarter over quarter."

https://finance.yahoo.com/news/debt-resolve-r...00614.html


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