HAVERTOWN, Pa., Sept. 07, 2022 (GLOBE NEWSWIRE) — AMREP Corporation (NYSE:AXR) at present reported internet revenue of $1,912,000, or $0.36 per diluted share, for its 2023 fiscal first quarter ended July 31, 2022 in comparison with internet revenue of $1,637,000, or $0.22 per diluted share, for a similar interval of the prior yr. Revenues have been $11,232,000 for the primary quarter of 2023 and $10,507,000 for the primary quarter of 2022.
More details about the Company’s monetary efficiency could also be present in AMREP Corporation’s monetary statements on Form 10-Q which have at present been filed with the Securities and Exchange Commission and shall be obtainable on AMREP’s web site (www.amrepcorp.com/sec-filings/).
AMREP Corporation, by its subsidiaries, is a serious holder of land, main developer of actual property and award-winning homebuilder in New Mexico.
FINANCIAL HIGHLIGHTS
| Three Months Ended July 31, | ||||||
| 2022 | 2021 | |||||
| Revenues | $ | 11,232,000 | $ | 10,507,000 | ||
| Net revenue (loss) | $ | 1,912,000 | $ | 1,637,000 | ||
| Income (loss) per share – primary | $ | 0.36 | $ | 0.22 | ||
| Income (loss) per share – diluted | $ | 0.36 | $ | 0.22 | ||
| Weighted common variety of frequent shares excellent – primary | 5,274,000 | 7,346,000 | ||||
| Weighted common variety of frequent shares excellent – diluted | 5,296,000 | 7,373,000 | ||||
| CONTACT: | Adrienne M. Uleau |
| Vice President, Finance and Accounting | |
| (610) 487-0907 |
