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BRIEF-Iou Financial reports qtrly results for the three months ended June 30
August 29, 2017 / 12:14 PM / 25 days ago

BRIEF-Iou Financial reports qtrly results for the three months ended June 30

Aug 29 (Reuters) - Iou Financial Inc

* Releases financial results for the three and six month period ended June 30, 2017

* Gross revenue during Q2 of $4.4 million versus $3.5 million for same period last year

* Company is on track to achieve its target of quarterly operating costs of $2.0 million to $2.2 million on a normalized basis in Q3

* Provision for loan losses increased to $2.4 million for three-month period ended June 30, 2017, up from $1.2 million for previous year Source text for Eikon: Further company coverage:

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