Brief: Meridian Corp Reports Net Income Of $5.7 Million

Meridian

27/07/2020 23:21

July 27 (Reuters) - Meridian Corp  MRBK.O :
    * ORATION REPORTS NET INCOME OF $5.7 MILLION, OR $0.94 PER
DILUTED
SHARE, IN 2Q 2020 AND ANNOUNCES FIRST EVER QUARTERLY CASH
DIVIDEND OF $0.125 PER SHARE
    * Q2 EARNINGS PER SHARE $0.94
    * Q2 REVENUE ROSE 48 PERCENT TO $35.7 MILLION
    * Q2 REVENUE ESTIMATE $20.7 MILLION -- REFINITIV IBES DATA
    * Q2 EARNINGS PER SHARE ESTIMATE $0.23 -- REFINITIV IBES
DATA
    * TO BEGIN PAYING A QUARTERLY CASH DIVIDEND OF $0.125 PER
SHARE

Source text for Eikon:  ID:nGNX75qqkk 
Further company coverage:  MRBK.O 

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