-
AMREP Reports First Quarter Fiscal 2023 Results
来源: Nasdaq GlobeNewswire / 07 9月 2022 15:40:00 America/Chicago
HAVERTOWN, Pa., Sept. 07, 2022 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $1,912,000, or $0.36 per diluted share, for its 2023 fiscal first quarter ended July 31, 2022 compared to net income of $1,637,000, or $0.22 per diluted share, for the same period of the prior year. Revenues were $11,232,000 for the first quarter of 2023 and $10,507,000 for the first quarter of 2022.
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, 2022 2021 Revenues $ 11,232,000 $ 10,507,000 Net income (loss) $ 1,912,000 $ 1,637,000 Income (loss) per share – basic $ 0.36 $ 0.22 Income (loss) per share – diluted $ 0.36 $ 0.22 Weighted average number of common shares outstanding – basic 5,274,000 7,346,000 Weighted average number of common shares outstanding – diluted 5,296,000 7,373,000 CONTACT: Adrienne M. Uleau Vice President, Finance and Accounting (610) 487-0907