Manhattan Bridge Capital Second Quarter 2024 Earnings: EPS: US$0.12 (vs US$0.12 in 2Q 2023)

Manhattan Bridge Capital (NASDAQ:LOAN) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$1.84m (up 2.0% from 2Q 2023).
• Net income: US$1.41m (flat on 2Q 2023).
• Profit margin: 77% (down from 79% in 2Q 2023). The decrease in margin was driven by higher expenses.
• EPS: US$0.12 (down from US$0.12 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Manhattan Bridge Capital shares are down 4.3% from a week ago.

Risk Analysis

Before you take the next step you should know about the 4 warning signs for Manhattan Bridge Capital (2 don't sit too well with us!) that we have uncovered.

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