DALLAS, Texas - BeaconEquity.com announces the publication of “National Holdings Reports Record Revenues for FY2008.”
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In the article the author writes:
"National Holdings Corp. (OTCBB: NHLD), an investment banking company operating through various subsidiaries, reported its fiscal yearend results ended September 30, 2008, which includes financials from its recent merger with vFinance Inc. on July 1, 2008. Only one quarter of vFinance Inc. financial results is included in the National Holdings fiscal yearend report.”
National Holdings’ reports record revenues, but difficult operating environment causes drop in net income:
“The company reported record revenues of $82.14 million for the fiscal year 2008, compared with $72.82 million for fiscal year 2007. Net income for fiscal 2008 dropped to a net loss of ($21.35) million, down from a net income of $963,000 for last fiscal year ended September 30, 2007.”
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Source: BeaconEquity.com
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