Aug 29 (Reuters) - Iou Financial Inc IOU.V
* Releases financial results for the three and six month period ended June 30, 2017
* Gross revenue during Q2 of $4.4 million versus $3.5 million for same period last year
* Company is on track to achieve its target of quarterly operating costs of $2.0 million to $2.2 million on a normalized basis in Q3
* Provision for loan losses increased to $2.4 million for three-month period ended June 30, 2017, up from $1.2 million for previous year