Nicholas Financial (NICK) Reports Q2 EPS of $0.42

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Nicholas Financial Reports 2nd Quarter Results

October 29, 2015 10:22 AM EDT

CLEARWATER, Fla., Oct. 29, 2015 (GLOBE NEWSWIRE) -- Nicholas Financial, Inc. (NASDAQ: NICK) announced that for the three months ended September 30, 2015, per share diluted net earnings increased 20% to $0.42 as compared to $0.35 for the three months ended September 30, 2014. Net earnings were $3,257,000 and $4,330,000 for the three months ended September 30, 2015 and 2014, respectively. Revenue increased 4% to $22,687,000 for the three months ended September 30, 2015 as compared to $21,723,000 for the three months ended September 30, 2014.

For the six months ended September 30, 2015, per share diluted net earnings increased 19% to $0.89 as compared to $0.75 for the six months ended September 30, 2014. Net earnings were $6,927,000 and... More