AMREP Reports First Quarter Fiscal 2024 Results
- None.
- None.
HAVERTOWN, Pa., Sept. 13, 2023 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of
More information about the Company’s financial performance may be found in AMREP Corporation’s financial statements on Form 10-Q which have today been filed with the Securities and Exchange Commission and will be available on AMREP’s website (www.amrepcorp.com/sec-filings/).
AMREP Corporation, through its subsidiaries, is a major holder of land, leading developer of real estate and award-winning homebuilder in New Mexico.
FINANCIAL HIGHLIGHTS | |||||||
Three Months Ended July 31, | |||||||
2023 | 2022 | ||||||
Revenues | $ | 10,289,000 | $ | 10,707,000 | |||
Net income (loss) | $ | 1,346,000 | $ | 1,912,000 | |||
Income (loss) per share – basic | $ | 0.25 | $ | 0.36 | |||
Income (loss) per share – diluted | $ | 0.25 | $ | 0.36 | |||
Weighted average number of common shares outstanding – basic | 5,292,000 | 5,274,000 | |||||
Weighted average number of common shares outstanding – diluted | 5,325,000 | 5,296,000 |
FOR: | AMREP Corporation |
850 West Chester Pike, Suite 205 | |
Havertown, PA 19083 | |
CONTACT: | Adrienne M. Uleau |
Vice President, Finance and Accounting | |
(610) 487-0907 | |