Chris Bogart, CEO of Buford Capital. Courtesy photo Revenues Triple at Largest Public Litigation Funder as Earnings Per Share Grow 19x
Burford Capital's revenues rose to $1.1 billion in the 2023 fiscal year. The company's shares on the New York Stock Exchange climbed 4.4% on the results.
March 14, 2024 at 04:07 PM
4 minute read
What You Need to Know
- Burford Capital tripled consolidated revenues to reach $1.1 billion last fiscal year.
- Burford could gain $6.2 billion from a case against Argentina, which last year resulted in the largest ruling in New York history.
- For the third year in a row, groupwide total new commitments surpassed $1 billion.
With reactivated courts processing a backlog of cases, Burford Capital, the world's largest publicly traded litigation funding company, tripled consolidated revenues to reach $1.1 billion in the 2023 fiscal year, allowing for the growth of earnings per share by a factor of 19 to $2.74.
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