Asta Funding posts 4Q profit

Asta Funding Inc. (ASFI) on Monday reported fiscal fourth-quarter net income of $1.1 million.

On a per-share basis, the Englewood Cliffs, New Jersey-based company said it had profit of 8 cents.

The debt purchaser posted revenue of $12.2 million in the period.

For the year, the company said profit was nearly unchanged at $2 million. Annual earnings per share also remained unchanged at 15 cents. Revenue was reported as $44.2 million.