First Marblehead (FMD) Misses Q3 EPS by 12c
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First Marblehead Announces Fourth Quarter and Full Year Financial Results
September 9, 2015 4:05 PM EDTMEDFORD, MA -- (Marketwired) -- 09/09/15 -- The First Marblehead Corporation (NYSE: FMD) today announced its financial and operating results for the fourth quarter and full fiscal year ended June 30, 2015.
For the fiscal year ended June 30, 2015, the Company recorded a net loss from continuing operations of $43.1 million, or $(3.75) per basic common share, compared to a net loss from continuing operations of $40.1 million, or $(3.55) per basic common share, for the fiscal year ended June 30, 2014. Revenues for the fiscal year ended June 30, 2015 increased $2.0 million, or 4.6%, to $46.2 million as compared to the prior fiscal year. The increase... More
