NICHOLAS FINANCIAL INC [NICK] posts $13.37M loss as revenue falls 14.00% to $11.27M

NICHOLAS FINANCIAL INC [NICK] posted a loss of $13.37M, marking a fall of 321.60% for this quarter.

Revenue fell to $11.27M this quarter compared to $13.10M in the previous quarter.

According to the latest quarterly report the company has filed with the SEC, current earnings were $-13.37M, down 321.60% from $-3.17M.

The company’s net sales for the period were $11.27M, down 14.00%. Net sales in the previous quarter were $13.10M.