Amrep reports second quarter fiscal 2024 results

Havertown, pa., dec. 11, 2023 (globe newswire) -- amrep corporation (nyse:axr) today reported net income of $1,108,000, or $0.21 per diluted share, for its 2024 fiscal second quarter ended october 31, 2023 compared to net income of $3,621,000, or $0.68 per diluted share, for the same period of the prior year. for the first six months of 2024, amrep had net income of $2,454,000, or $0.46 per diluted share, compared to net income of $5,533,000, or $1.04 per diluted share, for the same period of 2023. revenues were $8,854,000 and $19,143,000 for the second quarter and first six months of 2024 and $16,149,000 and $26,856,000 for the second quarter and first six months of 2023.
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