Medallion Financial (TAXI) Tops Q4 EPS by 1c

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Medallion Financial (TAXI) Surges 20% Following EPS, Short Covering

February 17, 2016 11:25 AM EST

Medallion Financial (NASDAQ: TAXI) is seeing strong upside after reporting earnings this morning.

The company announced that earnings, or net increase in net assets resulting from operations, were $29,376,000 or $1.20 per diluted common share in 2015, up $684,000 or 2% from $28,692,000 or $1.14 per share in 2014, primarily reflecting... More