Manhattan Bridge Capital: Q1 Earnings Insights

 

Shares of Manhattan Bridge Capital (NASDAQ:LOAN) rose 17.1% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share rose 9.09% year over year to $0.12, which were in line with the estimate of $0.12.

Revenue of $1,729,000 rose by 1.05% from the same period last year, which beat the estimate of $1,220,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Technicals

Company's 52-week high was at $6.69

52-week low: $3.60

Price action over last quarter: Up 15.28%

Company Profile

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