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Encore Capital Group Announces First Quarter 2025 Financial Results

"Our MCM business in the U.S. continues to deliver very strong results. Empowered by the ongoing favorable supply environment, MCM portfolio purchases in the first quarter were a record $316 million, up 34% compared to the year ago quarter, at very attractive returns. MCM also delivered record collections of $454 million in the first quarter, up 23% compared to Q1 a year ago, driven by superior execution." "Our Cabot business in Europe delivered a solid first quarter. Portfolio purchases of $51 million were ...