---
schema_version: "secwatch.filing_event.v1"
accession: "0001185348-24-000040"
form_type: "8-K"
ticker: "PRAA"
cik: "0001185348"
company_name: "PRA GROUP INC"
filed_at: "2024-08-05T23:59:59+00:00"
generated_at: "2026-05-31T12:59:35.865524+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PRA Group reports Q2 net income $21.5M ($0.54 EPS) vs loss a year ago; cash collections up 13%

## Summary
- Net income $21.5M ($0.54 diluted EPS) vs net loss $3.8M in Q2 2023.
- Total cash collections $473.9M, up 13% YoY, driven by U.S. and Europe.
- Total portfolio purchases $379.4M, third-highest quarterly in five years.
- Operating expenses $195.0M, up 19.1% YoY on legal channel investments.
- Forward flow commitments $385.6M; credit availability $1.4B as of June 30.

## SEC filing metadata
- accession: 0001185348-24-000040
- form_type: 8-K
- ticker: PRAA
- cik: 0001185348
- company_name: PRA GROUP INC
- filed_at: 2024-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1185348/000118534824000040/0001185348-24-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1185348/000118534824000040/praa-20240805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185348-24-000040
- JSON: https://secwatch.observer/filing/0001185348-24-000040.json
- Plain text: https://secwatch.observer/filing/0001185348-24-000040.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.