Manhattan Bridge Capital reports Q3 EPS 13c vs 11c last year

Reports Q3 revenue $2.424M vs $2.107M last year. Assaf Ran, Chairman of the Board and Chief Executive Officer of the Company, stated, “In the current real estate market condition, we are reaping the fruits of our disciplined and conservative underwriting practices as well as our extraordinary low leverage versus our peers. Due to the high interest rates environment, real estate markets are slower and heavier. Yet, we face less competition, so we have managed to remain active.”