BOCA RATON, Fla. (AP) — BOCA RATON, Fla. (AP) — NewtekOne, Inc. (NEWT) on Wednesday reported second-quarter net income of $6.9 million.
On a per-share basis, the Boca Raton, Florida-based company said it had net income of 26 cents.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 26 cents per share.
The provider of financial and business services to small-and medium-sized business posted revenue of $69 million in the period. Its adjusted revenue was $52.1 million, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $53.4 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NEWT at https://www.zacks.com/ap/NEWT
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