Qc Holdings, Inc. Announces Consolidated Unaudited Earnings Results for the Quarter Ended March 31, 2018
June 06, 2018
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QC Holdings, Inc. announced consolidated unaudited earnings results for the quarter ended March 31, 2018. For the quarter, the company reported total revenues of $23,418,000 as compared to $24,101,000 a year ago. Income before income taxes was $506,000 as compared to loss before income taxes of $62,000 a year ago. Net income was $365,000 as compared to net loss of $114,000 a year ago. Diluted and basic earnings per share $0.02 as compared to diluted and basic loss per share of $0.01 a year ago. Net operating activities was $10,008,000 as compared to $7,098,000 a year ago. Capital expenditures was $838,000 as compared to $861,000 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. 
