• AMREP Reports First Quarter Fiscal 2024 Results

    来源: Nasdaq GlobeNewswire / 13 9月 2023 15:38:27   America/Chicago

    HAVERTOWN, Pa., Sept. 13, 2023 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $1,346,000, or $0.25 per diluted share, for its 2024 fiscal first quarter ended July 31, 2023 compared to net income of $1,912,000, or $0.36 per diluted share, for the same period of the prior year. Revenues were $10,289,000 for the first quarter of 2024 and $10,707,000 for the first quarter of 2023.

    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
      

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