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Medallion Financial: 2Q Earnings Snapshot

August 5, 2019

NEW YORK (AP) _ Medallion Financial Corp. (MFIN) on Monday reported a loss of $7.5 million in its second quarter.

The New York-based company said it had a loss of 31 cents per share.

The business development company posted revenue of $33.7 million in the period. Its adjusted revenue was $24.9 million.

In the final minutes of trading on Monday, the company’s shares hit $5. A year ago, they were trading at $5.54.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MFIN at https://www.zacks.com/ap/MFIN

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