|
|
Article: LION releases Q2 results.(Tech Newz)(Brief Article)
- Article from:
- Mortgage Banking
- Article date:
- September 1, 2003
|
Copyright informationCOPYRIGHT 2003 Mortgage Bankers Association of America. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
SEATTLE-BASED LION INC. ANNOUNCED ITS financial results for the second quarter ended June 30, 2003.
For the second quarter of 2003, revenue was $1,831,000, up 14 percent from $1,606,000 for the second quarter of 2002. Net income for the quarter was $131,000 as compared with a net loss of $325,000 for the same quarter in the prior year. The net loss for the prior year included $507,000 of settlement charges and legal fees related to litigation that was settled in July 2002.
For the six month period ended June 30, 2003, revenue increased to $3,618,000, up 16 percent from $3,117,000 for the same period in the prior year. Net income for the six-month period ...
Related newspaper, magazine, and journal articles:
|