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GreenSky: 1Q Earnings Snapshot

ATLANTA (AP) _ GreenSky Inc. (GSKY) on Tuesday reported first-quarter earnings of $2.9 million.

The Atlanta-based company said it had profit of 5 cents per share. Earnings, adjusted for non-recurring costs, came to 11 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.

The financial technology company posted revenue of $103.7 million in the period.

GreenSky shares have risen 55% since the beginning of the year.


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