National Holdings Corporation Participates in Lyft Transactions

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National Holdings (NHLD) Reports Q1 Loss of $0.04/Share; Announces Participation in Lyft Transactions

February 17, 2016 8:17 AM EST

National Holdings (Nasdaq: NHLD) reported Q1 EPS of ($0.04), versus $0.02 reported last year. Revenue for the quarter came in at $39.5 million, versus $36.7 million reported last year.

The company also announced that the Companys broker-dealer subsidiary, National Securities Corporation, in conjunction with its affiliate, Roger Monteforte through his Forte Capital Group, have acted as the broker of record for Kingdom Holding Corporations (KHC) purchase of approximately $150 million worth of Lyft, Inc. shares in the secondary market as well as the investment by KHC, Prince Alwaleed Bin Talal and other parties... More