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Article: STANDARD FUNDING CORP., ANNOUNCES RESULTS FOR THE THIRD QUARTER AND NINE MONTHS ENDED SEPTEMBER 30, 1994
- Article from:
- PR Newswire
- Article date:
- November 15, 1994
CopyrightCOPYRIGHT 1994 PR Newswire Association LLC. 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)
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WOODBURY, N.Y., Nov. 15 /PRNewswire/ -- Standard Funding Corp. (Nasdaq: SFUN) today announced results for the three months and nine months ended September 30, 1994. Revenues increased 15% for the third quarter of 1994 to $883,901 compared to $763,945 for the third quarter of 1993. The net loss for the third quarter of 1994 was $49,175 compared to net income of $76,742 for the same period in 1993. Net loss per share for the third quarter of 1994 was $.02 compared to net income per share of $.05 for the same period in 1993.
This net loss was attributable to the company's obligation, under the terms of the Company's unsecured senior subordinated debt with a commercial ...
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