Manhattan Bridge Capital (LOAN) Reports Q3 EPS of $0.09
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Manhattan Bridge Capital, Inc. Reports Third Quarter Results
October 29, 2015 7:15 AM EDTLONG ISLAND, N.Y., Oct. 29, 2015 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN)
Manhattan Bridge Capital, Inc. announced today that total revenues for the three month period ended September 30, 2015 were approximately $1,032,000 compared to approximately $766,000 for the three month period ended September 30, 2014, an increase of $266,000, or 34.7%. The increase in revenue represents an increase in lending operations. For the three month periods ended September 30, 2015 and 2014, approximately $871,000 and $632,000, respectively, of our revenues were attributable to interest income on the secured commercial loans that we offer to small businesses, and approximately $160,000 and... More
