CM: Fiscal 2Q Earnings Snapshot
CM: Fiscal 2Q Earnings Snapshot
NEW YORK (AP) _ CM Finance Inc. (CMFN) on Wednesday reported a fiscal second-quarter loss of $9.4 million, after reporting a profit in the same period a year earlier.
The New York-based company said it had a loss of 69 cents per share. Earnings, adjusted for investment costs, came to 27 cents per share.
The specialty finance company posted revenue of $9.3 million in the period.
CM shares have increased 28 percent 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 CMFN at https://www.zacks.com/ap/CMFN