Amalgamated Financial Reports Strong Q2 Earnings and Revenue, Stock Rises
Amalgamated Financial (NASDAQ: AMAL) saw its stock rise after reporting better-than-expected second-quarter earnings and revenue. The company reported a record quarterly profit with an EPS of $1.10 compared to estimates of $1.00 and improved from the previous year's $0.88, while revenue came in at $96.1 million versus expected $92.09 million.
Tickers: $AMAL
Topics: Earnings Guidance Profitability