NEW YORK – Franklin Credit Management Corp. (OTC Bulletin Board: FCSC), a specialty financial services company that originates, acquires, manages and sells subprime residential mortgage assets, today announced record sales and earnings for the third quarter and first nine months of 2004.
For the three months ended September 30, 2004, revenues increased 56% to $22.0 million, compared with $14.1 million in the third quarter of the previous year. Net Income increased 73% to a record $2,517,786, or $0.37 per diluted share, compared with $1,455,424, or $0.22 the previous year.
View this content by subscribing
Please register to unlock this content
I already have an account. Log in
