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SWK Holdings Corporation Announces Financial Results for Fourth Quarter and Full-Year 2019

SWK Holdings Corporation (SWKH) 
NASDAQ:AMEX Investor Relations: swkhold.com/investor-relations
Company Research Source: PR Newswire
DALLAS, March 30, 2020 /PRNewswire/ -- Corporate HighlightsCore specialty finance segment generated a 12.6% adjusted ROIC and yielding assets increased 4.8% year over year to $175.1 million Closed Enteris Biopharma acquisition SWK Holdings common stock uplisted to Nasdaq Capital Market Board of Directors authorized $2 million stock repurchase plan CEO Winston Black named as Chairman of the BoardFourth Quarter and Full-Year 2019 Financial HighlightsTotal revenue for the quarter ended December 31, 2019 was $9.4 million; excluding the Enteris acquisition, revenue increased 37% year over year to $8.9 million driven by strong core finance segment results Quarterly GAAP net income of $8.8 million, or $0.68 per diluted share, and non-GAAP adjusted net income of $4.8 million, or $0.37 per diluted share For 2019, GAAP net income of $23.8 million, or $1.85 per diluted share, and non-GAAP adjusted net income of $21.4 million, or $1.66 per diluted share Excluding the impact of an operating loss a Show less Read more
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