STOCK TITAN

Newtek Business Services Corp. to Report Third Quarter 2022 Financial Results on Monday, November 7, 2022 After the Market Closes

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
conferences earnings
Rhea-AI Summary

Newtek Business Services Corp. (Nasdaq: NEWT) announced it will release its third quarter 2022 financial results on November 7, 2022, after market close. A conference call to discuss these results is scheduled for November 8, 2022, at 8:30 AM ET, led by CEO Barry Sloane and CFO Nicholas Leger. Interested participants can register online for the conference call. Newtek provides business and financial solutions to small and medium-sized businesses, offering a range of services that include lending, electronic payments, and technology solutions.

Positive
  • Scheduled third quarter financial results release, indicating ongoing business activity.
Negative
  • None.

BOCA RATON, Fla, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that it will report its third quarter 2022 financial results after the market closes on Monday, November 7, 2022. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer, and Nicholas Leger, Chief Accounting Officer, the following day, Tuesday, November 8, 2022 at 8:30 am ET.

Please note, to attend the conference call or webcast, participants should register online at http://investor.newtekbusinessservices.com/events-and-presentations. To receive a dial-in number, participants are requested to register at a minimum of 15 minutes before the start of the call. The corresponding presentation will be available in the ‘Events & Presentations’ section of the Investor Relations portion of Newtek’s website at http://investor.newtekbusinessservices.com/events-and-presentations. A replay of the call with the corresponding presentation will be available on Newtek’s website shortly following the live presentation and will be available for a period of 90 days.

About Newtek Business Services Corp.

Newtek Business Services Corp., Your Business Solutions Company®, is an internally managed BDC, which along with its controlled portfolio companies, provides a wide range of business and financial solutions under the Newtek® brand to the small- and medium-sized business (“SMB”) market. Since 1999, Newtek has provided state-of-the-art, cost-efficient products and services and efficient business strategies to SMB relationships across all 50 states to help them grow their sales, control their expenses and reduce their risk.

Newtek’s and its portfolio companies’ products and services include: Business Lending, SBA Lending Solutions, Electronic Payment Processing, Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting), eCommerce, Accounts Receivable Financing & Inventory Financing, Insurance Solutions, Web Services, and Payroll and Benefits Solutions.

Newtek® and Your Business Solutions Company®, are registered trademarks of Newtek Business Services Corp.

Note Regarding Forward Looking Statements

This press release contains certain forward-looking statements. Words such as “believes,” “intends,” “expects,” “projects,” “anticipates,” “forecasts,” “goal” and “future” or similar expressions are intended to identify forward-looking statements. All forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from the plans, intentions and expectations reflected in or suggested by the forward-looking statements. Such risks and uncertainties include, among others, include our ability to close the pending acquisition of the National Bank of New York City (the “Transaction”), obtain required regulatory approvals for the pending Transaction, the timing of the closing of the Transaction, the timing of the Company’s discontinuance from regulation as a BDC under the 1940 Act, projections concerning or considering the pending Transaction, the timing of our ability to originate new investments, achieve certain margins and levels of profitability, the availability of additional capital and the ability to maintain certain debt to asset ratios, intensified competition, operating problems and their impact on revenues and profit margins, anticipated future business strategies and financial performance, anticipated future number of customers, business prospects, legislative developments and similar matters. Risk factors, cautionary statements and other conditions, which could cause Newtek’s actual results to differ from management’s current expectations, are contained in Newtek’s filings with the Securities and Exchange Commission and available through http://www.sec.gov/. Newtek cautions you that forward-looking statements are not guarantees of future performance and that actual results or developments may differ materially from those projected or implied in these statements.

SOURCE: Newtek Business Services Corp.

Investor Relations & Public Relations
Contact: Jayne Cavuoto
Telephone: (212) 273-8179 / jcavuoto@newtekone.com 


FAQ

When is Newtek's third quarter 2022 earnings report?

Newtek will report its third quarter 2022 financial results on November 7, 2022, after market close.

What time is the conference call for Newtek's Q3 2022 results?

The conference call to discuss Newtek's Q3 2022 results is on November 8, 2022, at 8:30 AM ET.

How can I attend Newtek's Q3 2022 earnings call?

To attend Newtek's Q3 earnings call, participants must register online at least 15 minutes before the call starts.

What services does Newtek Business Services provide?

Newtek provides a range of services, including business lending, SBA lending solutions, electronic payment processing, and technology solutions.

NewtekOne, Inc.

NASDAQ:NEWT

NEWT Rankings

NEWT Latest News

NEWT Stock Data

334.86M
24.48M
6.77%
34.9%
3.83%
Banks - Regional
National Commercial Banks
Link
United States of America
BOCA RATON