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Flushing Financial: 1Q Earnings Snapshot

UNIONDALE, N.Y. (AP) _ Flushing Financial Corp. (FFIC) on Tuesday reported a first-quarter loss of $1.4 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Uniondale, New York-based company said it had a loss of 5 cents. Earnings, adjusted for non-recurring costs, were 19 cents per share.

The holding company for Flushing Bank posted revenue of $63.8 million in the period. Its adjusted revenue was $38 million.

Flushing Financial shares have decreased 41% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $12.74, a drop of 43% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FFIC at https://www.zacks.com/ap/FFIC