Press Releases

Wednesday, October 6, 2004

SAN DIEGO--(BUSINESS WIRE)--Oct. 6, 2004--Encore Capital Group, Inc. (Nasdaq:ECPG) announced today that it has hired Paul J. Grinberg as Senior Vice President, Finance. In this newly created role, Grinberg will initially be responsible for Encore's portfolio purchasing, portfolio sales and

Tuesday, August 3, 2004

SAN DIEGO--(BUSINESS WIRE)--Aug. 3, 2004--Encore Capital Group, Inc. (Nasdaq: ECPG): Highlights: Collections increase 23% Revenue increases 54% Net Income increases 69% New credit facility in place that will significantly reduce interest expense Encore Capital Group, Inc.

Monday, July 19, 2004

SAN DIEGO--(BUSINESS WIRE)--July 19, 2004--Encore Capital Group, Inc. (Nasdaq:ECPG) announced today that it will release its financial results for the second quarter of 2004 on Tuesday, August 3, 2004, after the market closes. The Company will also host a conference call at 5:00 p.m.

Wednesday, July 7, 2004

SAN DIEGO--(BUSINESS WIRE)--July 7, 2004--Encore Capital Group, Inc. (Nasdaq:ECPG), a leading accounts receivable management firm, announced today that it has closed on the largest portfolio purchase in the Company's history. Encore paid $13.0 million for a portfolio with a face value of $421

Tuesday, July 6, 2004

SAN DIEGO--(BUSINESS WIRE)--July 6, 2004--Encore Capital Group, Inc. (Nasdaq:ECPG), a leading accounts receivable management firm, today announced that it has closed on a new $75 million syndicated, three-year revolving credit facility to be utilized for the purpose of purchasing portfolios of

Thursday, July 1, 2004

SAN DIEGO--(BUSINESS WIRE)--July 1, 2004--Encore Capital Group, Inc. (Nasdaq:ECPG), a leading accounts receivable management firm, today announced that it has paid off, in advance, the remaining $400,000 balance on the $1.8 million loan it had with Patriot Capital Markets.

Monday, June 28, 2004

SAN DIEGO--(BUSINESS WIRE)--June 28, 2004--Encore Capital Group, Inc. (Nasdaq:ECPG), a leading accounts receivable management firm, today announced that it has been included on the preliminary list of companies joining the Russell 3000(R) Index. Membership in the Russell 3000, which remains in

Monday, May 24, 2004

SAN DIEGO--(BUSINESS WIRE)--May 24, 2004--Encore Capital Group, Inc. (Nasdaq:ECPG) announced today that it has hired Anna Hansen as Senior Vice President, Collection Operations. In this newly created role, Hansen will be responsible for Encore's call centers, direct mail & legal collection

Tuesday, May 18, 2004

SAN DIEGO--(BUSINESS WIRE)--May 18, 2004--Encore Capital Group, Inc. (Nasdaq:ECPG) today announced the filing of a shelf registration statement with the Securities and Exchange Commission covering the resale by selling stockholders up to 3,054,007 shares of common stock.

Tuesday, May 4, 2004

36% Increase in Collections, 51% Increase in Revenue, and 76% Increase in Cash Flow From Operations SAN DIEGO--(BUSINESS WIRE)--May 4, 2004-- Encore Capital Group, Inc. (Nasdaq:ECPG), a leading accounts receivable management firm, today reported consolidated financial results for the first quarter