GWG Holdings Reports Second Quarter 2017 Financial Results

MINNEAPOLIS, Aug. 10, 2017 (GLOBE NEWSWIRE) — GWG Holdings, Inc. (Nasdaq:GWGH), the parent company of GWG Life, a financial services company committed to transforming the life insurance industry through disruptive and innovative products and services, today announced its financial results for the second quarter ended June 30, 2017.

Highlights for the Three Months Ended June 30, 2017

GAAP Financial Information
Total revenue of $11.7 million
GAAP net loss attributable to common shareholders of $7.7 million, or ($1.34) per basic and fully diluted share

Adjusted Non-GAAP Financial Information1
Non-GAAP income attributable to common shareholders of $7.3 …