NCO Group

http://www.insidearm.com/news/00011221-nco-group/

After posting an epic loss in the fourth quarter and full year 2008 (“NCO Group Reports 2008 Results,” April 1), NCO Group said this week that things went better in the first three months of 2009.

The company reported a net loss for the quarter, but strong EBITDA and revenue numbers.

An NCO executive explained to insideARM that much of the “net loss” figures the company has been reporting lately are tied to accounting practices stemming from the company going private in 2006 and the acquisition of massive competitor OSI last year.

With cost-cutting initiatives underway, NCO appears to be poised to revisit the black territory when the economy recovers, or even as early as this year.

NCO Group

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