Sign In  |  Register  |  About Pleasanton  |  Contact Us

Pleasanton, CA
September 01, 2020 1:32pm
7-Day Forecast | Traffic
  • Search Hotels in Pleasanton

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Mill City Ventures III, Ltd. Provides 2nd Quarter Fiscal 2022 Guidance Revenue Increased 83% Year Over Year and 83% for 6-Month Period

MINNEAPOLIS, MN / ACCESSWIRE / August 10, 2022 / Mill City Ventures III, Ltd. (NASDAQ:MCVT), a leading non-bank lender and specialty finance company is pleased to provide guidance for the second quarter of the 2022 fiscal year.

For the second quarter ending June 30, 2022, the company expects revenue to exceed approximately $1.2M, an estimated 83% year-over-year increase compared to approximately $675,000 for second quarter of fiscal 2021. Six-month revenue is expected to exceed approximately $2.2M compared to approximately $1.2M for the same period of fiscal 2021, also representing an 83% increase.

Commenting on the guidance, Chief Executive Douglas M. Polinsky said, "The demand for loans from our borrowers has been vibrant and we continue to work diligently for the benefit of our borrowers and stockholders."

About Mill City Ventures III, Ltd.

Mill City Ventures III, Ltd., is a short-term non-bank lending and specialty finance company.

Contact:

Joseph A. Geraci, CFO
952-479-1920

SOURCE: Mill City Ventures III Ltd.



View source version on accesswire.com:
https://www.accesswire.com/711463/Mill-City-Ventures-III-Ltd-Provides-2nd-Quarter-Fiscal-2022-Guidance-Revenue-Increased-83-Year-Over-Year-and-83-for-6-Month-Period

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Photography by Christophe Tomatis
Copyright © 2010-2020 Pleasanton.com & California Media Partners, LLC. All rights reserved.