Marlin: 2Q Earnings Snapshot
MT. LAUREL, N.J. (AP) _ Marlin Business Services Corp. (MRLN) on Thursday reported second-quarter net income of $6.1 million.
The Mt. Laurel, New Jersey-based company said it had net income of 49 cents per share. Earnings, adjusted for non-recurring costs, came to 51 cents per share.
The provider of equipment financing services posted revenue of $30.6 million in the period. Its adjusted revenue was $24.2 million.
Marlin expects full-year earnings in the range of $2.30 to $2.40 per share.
Marlin shares have climbed nearly 4% since the beginning of the year. The stock has declined 25% in the last 12 months.