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MicroFinancial Q3 Profit Rises

MicroFinancial Inc. (MFI), Wednesday reported third-quarter net income of $2.9 million or $0.20 per share, up from $2.6 million or $0.18 per last year.

Revenues for the third quarter increased 3.1 percent to $16.2 million from $15.7 million last year, driven by growth in lease revenue, service contract revenue and fee income during the quarter.

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