Onyx Acceptance Corp.: The Irvine automobile finance...
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Onyx Acceptance Corp.: The Irvine automobile finance company reported that net income for the second quarter fell to $653,210, or 10 cents a share, from $2.1 million, or 33 cents a share, for the like period last year. Revenue rose 36% to $8.7 million from $6.4 million. Net income for the first half totaled $1.3 million, or 20 cents a share, down from $5.3 million, or $1.06 a share, for the comparable period last year. Revenue increased 20% to $15.9 million from $13.2 million.
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