Debt buyer Asset Acceptance Capital Corp. (NASDAQ: AACC) reported results late Monday for the second quarter of 2012 marked by flat earnings, increased revenues, and the most active debt portfolio purchasing quarter for the company in four years.
Warren, Mich.-based Asset Acceptance reported net income in the second quarter of 2012 of $3.7 million, or $0.12 per share, essentially unchanged from the same period a year ago. But the per-share earnings measure did exceed analysts’ expectations of $0.10 per share.
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