Newtek: 3Q Earnings Snapshot
LAKE SUCCESS, N.Y. (AP) _ Newtek Business Services Inc. (NEWT) on Wednesday reported third-quarter earnings of $12.4 million.
On a per-share basis, the Lake Success, New York-based company said it had profit of 66 cents. Losses, adjusted for investment gains, came to 8 cents per share.
The provider of financial and business services to small-and medium-sized business posted revenue of $12.4 million in the period.
Newtek shares have risen 5 percent since the beginning of the year. The stock has increased 15 percent in the last 12 months.