New Century Financial Corp.

The Irvine mortgage lender reported fourth quarter net income of $6.9 million, or 36 cents a share, down 22% from $8.8 million, or 55 cents a share, for the period last year. Revenue was up 37% to $60.7 million. Net earnings for the year increased 27% to $39.5 million, or $2.11 a share, from $31.1 million, or $2.03 a share, for the prior year. Revenue advanced 33% to $233.9 million.