Business NewsMarketWire • Paulson Capital Corp. Reports Second Quarter Results

Paulson Capital Corp. Reports Second Quarter Results

Paulson Capital Corp. Reports Second Quarter Results

PORTLAND, OR--(Marketwire - August 13, 2010) -  Paulson Capital Corp. (NASDAQ: PLCC), parent company of Paulson Investment Company, Inc., today reported a net loss for the three months ended June 30, 2010 of $377,712 (or ($0.06) per share) versus net earnings for the same period 2009 of $1,863,673 (or $0.31 per share). Revenues for the three months totaled $4,758,722 versus $6,607,001 for the like period in 2009. For the six months ended June 30, 2010, the company reported a net loss of $617,776 (or ($0.11) per share) versus a profit of $1,041,918 (or $0.18 per share) for June 30, 2009. Revenues for June 30, 2010 totaled $9,530,577 versus $9,342,770 for the same period in 2009.

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