Nicholas Financial posts 1Q profit

Nicholas Financial posts 1Q profit

CLEARWATER, Fla. (AP) _ Nicholas Financial Inc. (NICK) on Thursday reported fiscal first-quarter net income of $813,000.

On a per-share basis, the Clearwater, Florida-based company said it had net income of 10 cents.

The specialized consumer finance company posted revenue of $22.2 million in the period.

Nicholas Financial shares have dropped 23 percent since the beginning of the year. The stock has decreased 15 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NICK at https://www.zacks.com/ap/NICK

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