P&F Industries (PFIN) Reports Q1 Loss of $0.10

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P&F Industries, Inc. Reports Improved Results For The Three-Month Period March 31, 2021

May 13, 2021 8:00 AM EDT

MELVILLE, N.Y., May 13, 2021 /PRNewswire/ -- P&F Industries, Inc. (NASDAQ: PFIN) today announced its results from operations for the three-month period ended March 31, 2021. The Company is reporting net revenue of $13,945,000, compared to $13,350,000 reported in the same period in 2020.  Additionally, the Company is reporting a loss before income taxes of $377,000, compared to a loss of $1,263,000, for the same period in 2020.  After giving effect to income taxes, the Company is reporting a loss of $307,000, compared to $758,000 for the first quarter of 2020.

Richard Horowitz, the Company's Chairman of the Board, Chief... More