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Figure Technology: Q2 Earnings Snapshot

World 1 source 1 country 38m ago

(AP) — Figure Technology Solutions Inc. (FIGR) on Thursday reported net income of $87.4 million in its second quarter. The Reno, Nevada-based company said it had profit of 35 cents per share.

Earnings, adjusted for costs related to mergers and acquisitions, came to 37 cents per share. The fintech company with a focus on blockchain related lending posted revenue of $225.6 million in the period. Its adjusted revenue was $218.4 million.

_____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FIGR at https://www.zacks.com/ap/FIGR Source (RMTI) on Thursday reported a loss of $1.2 million in its second quarter.

On a per-share basis, the Wixom, Michigan-based company said it had a loss of 34 cents. The maker of products used in the treatment of kidney disease and anemia posted revenue of $17.8 million in the period. Rockwell Medical expects full-year revenue in the range of $70 million to $75 million.

Access a Zacks stock report on RMTI at https://www.zacks.com/ap/RMTI Source

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