India, March 3 -- Finance and asset management firm Burford Capital Ltd. (BUR) Monday announced a slip to loss for the fourth quarter after a plunge in revenue, compared to the prior year. In the pre-market session, shares of the company are at $13.90, down 10.90 percent.
The quarterly net loss attributable to Burford Capital Ltd. shares was $12.97 million, compared to profit of $100.09 million a year ago. The company reported net profit of $13.95 million, lower than $139.96 million in the prior year.
Revenue for the quarter declined to $93.03 million from $292.57 million in the previous year.
The Burford's board declared final dividend of $0.0625 per ordinary share for the period ended December 31, 2024, to shareholders on record May 23...