Orrstown Financial Services Q1 Non-GAAP EPS, Revenue Rise

MT Newswires Live
23 Apr

Orrstown Financial Services (ORRF) late Tuesday reported Q1 non-GAAP net income of $1.00 per diluted share, up from $0.88 a year ago.

Analysts polled by FactSet, on average, expected $0.93.

Revenue, calculated as the sum of net interest income and non-interest income, was $60.4 million during the three months ended March 31, compared with $33.5 million for the bank company a year ago.

Analysts expected $60.1 million.

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