Medallion Financial Corp. Reports 2018 First Quarter Results
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Medical Financial (MFIN) Reports Q1 Loss of $0.62
May 14, 2018 4:14 PM EDTMedical Financial (NASDAQ: MFIN) reported Q1 EPS of ($0.62), versus $0.01 reported last year.
Medallion Financial and Non-Bank Subsidiaries
For the 2018 first quarter, net decrease in net assets resulting from operations was $14.9 million, or a loss of $0.62 per common share, compared to a net increase in net assets resulting from operations of $1.1 million, or $0.05 per diluted common share in the prior-year period.Net investment loss before taxes for the 2018 first quarter was $3.6 million, compared to net investment loss before income taxes of $1.3 million in the prior-year period.Medallion Financials net... More