BNET Industries
Portfolio Recovery Associates Inc. (PRAA) is in the Financial Services Industry
- Revenue
- Dec 31 2007
- $220.7M
- Profit
- Dec 31 2007
- $48.2M
- Market Cap
- Jul 02 2008
- $546.4M
Latest News and Analysis
Portfolio Recovery Associates Q1 2008 Earnings Call Transcript
Portfolio Recovery Associates Q1 2008 Earnings Call Transcript
Portfolio Recovery Associates Q4 2007 Earnings Call Transcript
Portfolio Recovery Associates Q4 2007 Earnings Call Transcript
Portfolio Recovery Associates Q3 2007 Earnings Call Transcript
Portfolio Recovery Associates Q3 2007 Earnings Call Transcript
Additional Resources
Portfolio Recovery Associates to Acquire MuniServices, Enhancing Presence in Government Sector
Portfolio Recovery Associates, Inc. (NASDAQ: PRAA), a company that purchases, collects and manages portfolios ofdefaulted consumer receivables and provides a broad range of accountsreceivable management services, today announced that it has entered into adefinitive agreement to acquire MuniServices, LLC, which specializes inrevenue enhancement for government clients. The purchase of privately...
Portfolio Recovery Associates to Present at William Blair Growth Stock Conference
Portfolio Recovery Associates, Inc. (NASDAQ: PRAA), a leading provider of outsourced receivables management, announcedtoday that Steve Fredrickson, CEO, and Kevin Stevenson, CFO, will be makinga presentation to the investment community at the William Blair GrowthStock Conference to be held in Chicago, IL on Wednesday, June 18, 2008.During the course of...
Portfolio Recovery Associates Exiting Third-Party Collections Business
Portfolio Recovery Associates, Inc. (NASDAQ: PRAA), a company that purchases, collects and manages portfolios ofdefaulted consumer receivables and provides a broad range of accountsreceivable management services, today announced that it will exit thebusiness of contingent fee third-party portfolio collections overseen byits Anchor Receivables Management unit. The Company will redeploy the...
Portfolio Recovery Associates Increases Bank Credit Line to $340 Million
Portfolio Recovery Associates, Inc. (NASDAQ: PRAA), a company that purchases and manages portfolios of defaultedconsumer receivables and provides a broad range of accounts receivablemanagement services, announced today that it has expanded its bank creditline to $340 million. This represents an increase of $70 million from the Company's existing $270million bank...
Portfolio Recovery Associates Reports First Quarter 2008 Results
Portfolio Recovery Associates, Inc. (NASDAQ: PRAA), a company that purchases, collects and manages portfolios ofdefaulted consumer receivables and provides a broad range of accountsreceivable management services, today reported net income of $11.9 million,or $0.78 per diluted share, for the quarter ended March 31, 2008. The Company's first-quarter 2008 profit represents...
Portfolio Recovery Associates to Announce First Quarter 2008 Results on April 28, 2008
Portfolio Recovery Associates, Inc. (NASDAQ: PRAA), a company that purchases and manages portfolios of defaultedconsumer receivables and provides a broad range of accounts receivablemanagement services, will announce its first quarter 2008 results on April28, 2008. The earnings announcement, which will be released after the market closes,will be followed at 5:30...
Portfolio Recovery Associates Reports Fourth Quarter and Full Year 2007 Results
Portfolio Recovery Associates, Inc. (NASDAQ: PRAA), a company that purchases, collects and manages portfolios ofdefaulted consumer receivables and provides a broad range of accountsreceivable management services, today reported net income of $10.7 million,or $0.70 per diluted share, for the quarter ended December 31, 2007. The Company's fourth quarter 2007 earnings...
Introduces Portfolio Recovery Associates to our Bluechips Portfolio.
M2 PRESSWIRE-12 February 2008-International Stock Targets: Introduces Portfolio Recovery Associates to our Bluechips PortfolioC1994-2008 M2 COMMUNICATIONS LTD RDATE:12022008 International Stock Targets is a world renowned independent research firm, based in Johannesburg, South Africa. Along with walking investors through...
Portfolio Recovery Associates to Announce Fourth Quarter and Full Year 2007 Results on February 21, 2008
Portfolio Recovery Associates, Inc. (NASDAQ: PRAA), a company that purchases and manages portfolios of defaultedconsumer receivables and provides a broad range of accounts receivablemanagement services, will announce its fourth quarter and full year 2007results on February 21, 2008. The earnings announcement, which will be released after the market closes,will be...
Morning Investor Focus.
M2 PRESSWIRE-3 January 2008-Businessnetwire.us: Morning Investor FocusC1994-2008 M2 COMMUNICATIONS LTD RDATE:03012008 New York, NY -- BusinessNetWire's "Investor's Update" Focuses on the Following Companies: Carmanah Technologies Corporation (TSX: CMH); Orleans Energy Ltd. (TSX VENTURE: OEX); Aradigm...
Portfolio Recovery Associates Appoints Neal Stern as Chief Operations Officer - Owned Portfolios
Portfolio Recovery Associates, Inc. (NASDAQ: PRAA), a company that purchases and manages portfolios of defaultedconsumer receivables and provides a broad range of accounts receivablemanagement services, today announced the appointment of Neal Stern asSenior Vice President and Chief Operations Officer - Owned Portfolios. In this newly created position, Stern's responsibilities include...
Portfolio recovery thrives on bad news
Collecting bad debts from tapped-out consumers is hardly a glamorous way to make money. But it can be profitable. Portfolio Recovery Associates pays pennies on the dollar to buy accounts that credit-card companies, utilities, hospitals and other businesses have given up for dead. Its staff of 1,000...
Portfolio Recovery Associates Reports Third Quarter 2007 Results
Portfolio Recovery Associates, Inc. (NASDAQ: PRAA), a company that purchases, collects and manages portfolios ofdefaulted consumer receivables and provides a broad range of accountsreceivable management services, today reported net income of $11.7 million,or $0.75 per diluted share, for the quarter ended September 30, 2007. Separately, the Company announced that it...
Portfolio Recovery Associates to Announce Third Quarter 2007 Results on October 29, 2007
Portfolio Recovery Associates, Inc. (NASDAQ: PRAA), a company that purchases and manages portfolios of defaultedconsumer receivables and provides a broad range of accounts receivablemanagement services, will announce its third quarter 2007 results onOctober 29, 2007. The earnings announcement, which will be released after the market closes,will be followed at 5:30...
Zacks Bull and Bear of the Day Highlights: Freeport McMoRan, Pao de Acucar, Safeway and Portfolio Recovery Associates
CHICAGO -- Zacks Equity Research highlights Freeport McMoRan Copper & Gold, Inc. (NYSE: FCX) as the Bull of the Day and Pao de Acucar (NYSE: CBD) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Safeway (NYSE: SWY) and Portfolio Recovery Associates (Nasdaq: PRAA). Full...
CACB, CHRT, EFSC, PRAA, REXI, ADTR Have Also Been Added To Naked Short List Today.
M2 PRESSWIRE-3 August 2007-BUYINS.NET: CACB, CHRT, EFSC, PRAA, REXI, ADTR Have Also Been Added To Naked Short List TodayC1994-2007 M2 COMMUNICATIONS LTD RDATE:03082007 BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked...
Portfolio Recovery Associates Reports Second Quarter 2007 Results
Portfolio Recovery Associates, Inc. (NASDAQ: PRAA), a company that purchases and manages portfolios of defaultedconsumer receivables and provides a broad range of accounts receivablemanagement services, today reported net income of $13.0 million, or $0.80per diluted share, for the quarter ended June 30, 2007. The Company's second quarter 2007 earnings represent...
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- Incorporated: 2002
- CEO: Mr. Steven D. Fredrickson
- Employees: 1,677
Portfolio Recovery Associates is a provider of outsourced receivables management and related services. Co.'s primary business is the purchase, collection and management of portfolios of defaulted consumer receivables, which are the unpaid obligations of individuals to credit originators that include banks, credit unions, consumer and auto finance companies and retail merchants. Through its various subsidiaries, Co. also provides a range of contingent and fee-based services, including collateral-location services for credit originators, fee-based collections as well as revenue administration, audit and debt discovery/recovery services for government entities.
Key Competitors
Portfolio Recovery Associates Inc. Company Info
Board of Directors
Mr. Steven D. Fredrickson
Chairman
Mr. William P. Brophey
Mrs. Penelope W. Kyle
Mr. David N. Roberts
Mr. Scott M. Tabakin
Mr. James M. Voss
Contact Information
120 Corporate Boulevard
Suite 100
Norfolk, VA
http://www.portfoliorecovery.com
888 772-7326
NAICS Code
Collection Agencies: 561440Brought to you by IBMSponsored Resources
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