QC Holdings, Inc. Reports Unaudited Consolidated Earnings Results for the Year Ended December 31, 2016
April 31, 2017 at 06:13 pm EDT
Share
QC Holdings, Inc. reported unaudited consolidated earnings results for the year ended December 31, 2016. For the period, the company reported total revenues of $135.501 million against $117.239 million a year ago. Loss from continuing operations before income taxes was $1.137 million against $12.284 million a year ago. Net loss was $1.043 million or $0.06 per basic and diluted share against $16.768 million or $0.97 per basic and diluted share a year ago. Net operating cash from operating activities was $10.632 million against $5.171 million a year ago. Capital expenditures were $2.22 million against $3.782 million a year ago.
QC Holdings, Inc. and its subsidiaries provide consumer loans and other various financial services through its retail branches and online lending operations. The Companyâs consumer loans include installment, single-pay, title and open-end credit loans. The Company also provides other financial products and services, such as credit services, check cashing services, prepaid debit cards, money transfers, money orders and business invoice factoring. It offers invoice factoring and other lending services to small business clients. The Company operates approximately 332 branches with locations in Alabama, Idaho, Kansas, Kentucky, Louisiana, Missouri, Nevada, New Mexico, Oklahoma, Texas, Utah and Wisconsin. It also operates through via the Internet in 10 states. In Canada, the Company, through its subsidiary Amaranth Financial Services Inc. is engaged in short-term consumer lending through approximately 20 branches in four provinces and online across the country.
QC HOLDINGS, INC. 
