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Marlin: 4Q Earnings Snapshot

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.


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