MT. LAUREL, N.J. (AP) _ Marlin Business Services Corp. (MRLN) on Thursday reported fourth-quarter net income of $8.4 million.
The Mt. Laurel, New Jersey-based company said it had net income of 69 cents per share.
The provider of equipment financing services posted revenue of $44.1 million in the period. Its adjusted revenue was $24.4 million.
For the year, the company reported profit of $27.1 million, or $2.20 per share. Revenue was reported as $97.6 million.
Marlin expects full-year earnings in the range of $2.17 to $2.27 per share.
Marlin shares have dropped 4.5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $21, a decline of 5% in the last 12 months.