Consumer Portfolio Services Inc.: The Irvine company,...
TIMES STAFF WRITER
Consumer Portfolio Services Inc.: The Irvine company, which purchases, sells and services loans originated by automobile dealers, posted net earnings of $2.5 million, or 36 cents a share, for the second fiscal quarter ended Sept. 30, an increase of 56% from the $1.6 million, or 29 cents a share, recorded for the like quarter of the prior year. Revenue gained 54% to $8.3 million from $5.4 million. Net income for the first half rose 69% to $4.9 million, or 70 cents a share, from $2.9 million, or 52 cents a share, a year earlier. Revenue was up 63% to $16.6 million from $10.2 million.
