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NewtekOne, Inc. Reports Strong Second Quarter 2023 Performance with Net Income of $6.82 Million

NewtekOne, Inc. Reports Strong Second Quarter 2023 Performance with Net Income of $6.82 Million

Company Generates Impressive Revenue of $22.55 Million in Q2 2023

By USInMinutes
Published - Aug 08, 2023, 01:01 PM ET
Last Updated - Aug 08, 2023, 01:01 PM EDT

NewtekOne, Inc.(NEWT), a leading financial h olding company, has unveiled its consolidated financial results for the second quarter of 2023, showcasing a robust performance. The company reported a net income of $6.82 million, marking a significant achievement for the period. Furthermore, NewtekOne generated a substantial revenue of $22.55 million, further emphasizing its financial prowess and growth trajectory.

Net Income/loss

NewtekOne, Inc. demonstrated a commendable financial performance during the second quarter of 2023, reporting a net income of $6.82 million. This noteworthy accomplishment underscores the company's strategic approach and effective management in navigating the economic landscape.

Revenue

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