PAULA Financial Net Doubles from Year Earlier

PAULA Financial (NASDAQ:PFCO) yesterday announced net income for the second quarter of 2003 of $0.02 per share compared to $0.01 per shares for the 2002 period. Total revenue for the second quarter of 2003 was $4.3 million compared to $2.9 million for the 2002 period. Net income for the first six months of 2003 was $0.07 per share compared to $0.04 per shares for the 2002 period. Total revenue for the first six months of 2003 was $8.9 million compared to $6.2 million for the 2002 period. Cash flows from operations were $2.4 million in the first six months of 2003 compared to $0.4 million in ...