Consumer Portfolio Services Inc. (CPSS) Wednesday reported second-quarter net income of $1.3 million or $0.05 per share, compared to net loss of $6.4 million or $0.35 per share in the comparable quarter last year.
Revenues for the quarter increased 42% to $44.2 million from $31.2 million in the previous year quarter.
For six months, net income was $1.9 million or $0.08 per share, compared to a net loss of $10.6 million or $0.58 per share in the year-ago period.
Revenues for the same period were $88.7 million, up 40% from $63.5 million last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.