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BRIEF-LM Funding Q4 2016 net loss of $524,000 compared to Q3 net loss of $914,000
March 31, 2017 / 9:48 PM / 8 months ago

BRIEF-LM Funding Q4 2016 net loss of $524,000 compared to Q3 net loss of $914,000

March 31 (Reuters) - LM Funding America Inc:

* LM Funding reports fourth quarter and full year 2016 results

* Q4 revenue $900,000 versus $1.8 million

* LM Funding America Inc - finalized cost reduction initiative in quarter, which is expected to reduce annual costs by an estimated $2.6 million to $3.0 million

* LM Funding America Inc - net loss in Q4 of 2016 was $524,000 compared to a net loss of $914,000 in q3 of 2016 Source text for Eikon: Further company coverage:

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