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

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National Holdings Corporation Participates in Lyft Transactions

February 17, 2016 8:15 AM EST

NEW YORK--(BUSINESS WIRE)-- National Holdings Corporation (NASDAQ: NHLD) ("National Holdings" or the "Company"), a full-service investment banking and asset management firm, today 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 of $100 million in Lyft, Inc.s (Lyft) recent Series F... More

National Holding Corporation Announces Fiscal First Quarter 2016 Financial Results

February 17, 2016 8:05 AM EST

Management to Host Conference Call on February 17, 2016 at 9:00 a.m. ET

NEW YORK--(BUSINESS WIRE)-- National Holding Corporation (NASDAQ: NHLD) (National or the Company), a leading full service independent brokerage, investment banking and asset management firm providing diverse services including tax preparation, today announced its financial results for the fiscal first quarter 2016 ended December 31, 2015.

First Quarter Fiscal 2016 Financial Highlights

Revenue of $39.6 million, versus $41.2 million for the first quarter of fiscal 2015 and $36.7 million for the fourth quarter of fiscal 2015 Investment banking revenue increased 19% to... More