Amrep reports third quarter fiscal 2024 results

Havertown, pa., march 08, 2024 (globe newswire) -- amrep corporation (nyse:axr) today reported net income of $92,000, or $0.02 per diluted share, for its 2024 fiscal third quarter ended january 31, 2024 compared to net income of $16,574,000, or $3.12 per diluted share, for the same period of the prior year. for the first nine months of 2024, amrep had net income of $2,546,000, or $0.48 per diluted share, compared to net income of $22,107,000, or $4.17 per diluted share, for the same period of 2023. revenues were $12,689,000 and $31,833,000 for the third quarter and first nine months of 2024 and $9,117,000 and $35,975,000 for the third quarter and first nine months of 2023.
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