NewtekOne Inc (STU:1N31)
€ 12.39 -0.17 (-1.35%) Market Cap: 321.81 Mil Enterprise Value: 789.36 Mil PE Ratio: 6.97 PB Ratio: 1.40 GF Score: 47/100
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Q1 2020 Newtek Business Services Corp Earnings Call Transcript

May 08, 2020 / 12:30PM GMT
Operator

Hello, ladies and gentlemen, welcome to the Newtek Business Services Corp. Q1 2020 Earnings Conference Call. (Operator Instructions) As a reminder, this conference call is being recorded.

I would now like to turn the conference over to your host, Mr. Barry Sloane, President of Newtek Business Corp. Go ahead, sir.

Barry Scott Sloane
Newtek Business Services Corp. - Chairman, President & CEO

Thank you very much, operator, and good morning. My name is Barry Sloane, CEO, President and Founder of Newtek Business Services Corp., stock symbol NEWT on the NASDAQ. This morning, accompanying me on this call is Chris Towers, our Chief Accounting Officer and Executive Vice President.

First of all, I want to thank all of the Newtek staff that has been working remotely. 100% of our staff has been working remotely during this period of time, 24/7, particularly focused on the PPP program as well as payroll and other important vital services to -- over the 20 -- estimated 27 million businesses in the United States, we don't have all of them. We are

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