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Marlin: 1Q Earnings Snapshot

MT. LAUREL, N.J. (AP) _ Marlin Business Services Corp. (MRLN) on Thursday reported first-quarter earnings of $5.1 million.

On a per-share basis, the Mt. Laurel, New Jersey-based company said it had net income of 41 cents. Earnings, adjusted for non-recurring gains, came to 40 cents per share.

The provider of equipment financing services posted revenue of $36.9 million in the period. Its adjusted revenue was $24 million.

Marlin shares have declined roughly 6% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $21.01, a drop of 27% 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 MRLN at https://www.zacks.com/ap/MRLN