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Article: SIRROM CAPITAL CORPORATION REPORTS SECOND QUARTER PRETAX INVESTMENT INCOME OF $0.33 PER SHARE.
- Article from:
- Business Wire
- Article date:
- July 15, 1996
CopyrightCOPYRIGHT 1996 Business Wire. 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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NASHVILLE, Tenn.--(BUSINESS WIRE)--July 15, 1996--Sirrom Capital Corporation ("SCC")(Nasdaq/NM:SROM) today announced financial results for the second quarter ended June 30, 1996. Total operating income for the quarter was $6,300,000, compared with $3,544,000 for the second quarter of 1995. Pretax operating income for the quarter rose 66% to $3,162,000, from $1,900,000 for the same quarter last year. Pretax operating income per share increased 38% to $0.33 for the second quarter of 1996 from $0.24 for the same quarter in 1995, on a 23% increase in the weighted average number of shares outstanding as a result of the public offerings consummated in August of 1995 and June of ...