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Article: Newtek Business Services Earns $.11 in Q4.
- Article from:
- PR Newswire
- Article date:
- March 22, 2007
CopyrightCOPYRIGHT 2007 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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Three Key Operating Segments Profitable for Year
Highlights for 2006:
- Revenues from our three major operating segments (Electronic Payment Processing, Web Hosting and SBA Lending) increased 23% to $66.7 million dollars.
- Pretax Net Income from major operating segments increased 21% to $7 million dollars.
- The company is cash flow positive ($1.8 million dollars) for the first time since becoming a public company.
- CAPCO segments revenue decreased by 55% to $17 million dollars.
- Prepaid $7,000,000 of the $8,000,000 note payable to TICC which was incurred in 2005 in conjunction with the purchase of CrystalTech Web ...
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Article: Newtek Business Services Signs Exclusive ...
PR Newswire;
January 18, 2006 ;
700+ words
... ... PRNewswire-FirstCall/ -- Newtek Business Services, Inc. (http://www ... Barry Sloane, CEO of Newtek Business Services, Inc., stated "National ... independent practices. About Newtek Business Services, Inc. Newtek Business ...
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