Burford Capital (GB:BUR) has released an update.
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Burford Capital Limited has reported a strong second quarter in 2024, with a 217% increase in total revenues and a 237% rise in capital provision income compared to the same period in 2023. Despite a decrease in year-to-date net income due to the previous year’s unrealized gains, the company has seen a 36% increase in net realized gains on its core portfolio. Burford’s performance reflects a robust $7.4 billion total portfolio and active new business, signaling continued growth independent of market or economic conditions.
For further insights into GB:BUR stock, check out TipRanks’ Stock Analysis page.
