Excel Corporation (EXCC)

[uksausage]

Earnings out:
http://seekingalpha.com/pr/16667316-excel-corporation-reports-third-quarter-2016-financial-results

sweet!

IRVING, Texas, Nov. 14, 2016 (GLOBE NEWSWIRE) -- Excel Corporation (EXCC), a leading provider of integrated financial and transaction processing services to merchants throughout the United States today reported its consolidated results for the third quarter ended September 30, 2016. Due to the acquisition of the U.S. operations of Calpian, Inc. on November 30, 2015, the results of 2016 and 2015 are not comparable.

Third Quarter Financial Highlights:

Consolidated revenues for the period of $4,265,362
Net income from continuing operations of $354,916
Net income of $229,880
EBITDA of $802,540
“We are pleased to report another strong quarter of solid earnings growth, with relative stability in our merchant base. With the recent completion of our new $25 million term loan facility, the Company is well positioned to execute on completing additional merchant portfolio acquisitions in the coming year,” stated T. A. “Kip” Hyde, Jr., Excel's CEO.