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Cass: Q3 Earnings Snapshot

Cass: Q3 Earnings Snapshot

ST. LOUIS (AP) — ST. LOUIS (AP) — Cass Information Systems Inc. (CASS) on Thursday reported third-quarter profit of $7.4 million.

On a per-share basis, the St. Louis-based company said it had net income of 54 cents.

The invoice and payment management company posted revenue of $49.2 million in the period.

Cass shares have declined 19% since the beginning of the year. The stock has decreased nearly 6% in the last 12 months.