 CLEARWATER, Fla., Oct. 30, 2020 GLOBE NEWSWIRE -- Nicholas Financial, Inc. NASDAQ: NICK announced net income for the three months ended September 30, 2020 of 1.3 million compared to 0.3 million for the three months ended September 30, 2019. Diluted net income per share was 0.16 for the three months ended September 30, 2020 as compared to 0.03 for the three months ended September 30, 2019. Revenue decreased 9.8 to 14.1 million for the three months ended September 30, 2020 as compared to 15.6 million for the three months ended September 30, 2019. The Company reported income before income taxes for the three months ended September 30, 2020 of 1.4 million compared 0.4 million for the three months ended September 30, 2019. The Company recorded an income tax expense of approximately 0.1 million during the three months ended September 30, 2020 compared to an income tax expense of 0.1 million during the three months ended September 30, 2019. 