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Manhattan Bridge Capital (LOAN) Misses Q2 EPS by 1c, Revenues Beat

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Manhattan Bridge Capital, Inc. Reports Second Quarter 2019 Results

July 26, 2019 7:05 AM EDT

GREAT NECK, N.Y., July 26, 2019 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that its total revenue for the three months ended June 30, 2019 was approximately $1,779,000 compared to approximately $1,668,000 for the three months ended June 30, 2018, an increase of $111,000, or 6.7%. For the three months ended June 30, 2019, approximately $1,487,000 of the Company's revenue represents interest income on the secured, commercial loans that the Company offers to small businesses compared to... More