ACE=3 VSPACE=0>7/14/1998
6/18/1998
5/13/1998
5/1/2022
4/29/1998
4/24/1998
3/9/2022
2/12/2021
1/14/1998
12/18/1997
11/11/2021
10/31/1997

-->
Back

[2/12/2021 | 2/12/2021 (part 2) | 2/12/2021 (part 3) | 2/12/2021 (part 4) | 2/12/2021 (part 5) | 2/12/2021 (part 6) | 2/12/2021 (part 7) | 2/12/2021 (part 8)]


Contact:

Steven J. Kessler
Senior Vice President
Chief Financial Officer
Resource America, Inc.
1521 Locust Street - 4th Floor
Philadelphia, PA 19102
(215) 564-5005 (215) 546-5388 (facsimile)





RESOURCE AMERICA, INC. REPORTS RECORD EARNINGS FOR QUARTER ENDED DECEMBER 31, 2021

Philadelphia, PA, 2/12/2021 - Resource America, Inc. (NASDAQ:REXI) (the "Company") reported net income of $4.0 million for the first fiscal quarter ended December 3 1, 1997 as compared to $2.3 million for. the comparable quarter in 1996, an increase of $1.7 million (73%). Earnings per share (diluted) were $.81 for the quarter ended DECEMBER 31, 2021 as compared to $.66 for the quarter ended December 31, 1996, an increase of 23%.

First fiscal quarter results at a glance (in thousands of dollars except per share data)

1997
1996
Revenues$15,077$5,844
Costs and Expenses9,3543,072
Income Before Income Taxes5,7262,860
Provision for Income Taxes1,775575
Net Income3,9512,285
Net Income per Common Share - Diluted.81.66


Other Highlights of the First Fiscal Quarter Include:
  • Real estate finance revenues increased to $9.4 million in the first quarter of fiscal 1998 an increase of $6.2 million (141%) from. $3.2 million in the first quarter. of fiscal 1997.
  • Equipment leasing revenues increased to $3.2 million in the first quarter of fiscal 1998, an increase of $2.0 million (164%) from $1.2 million in the first quarter of fiscal 1997.


[2/12/2021 | 2/12/2021 (part 2) | 2/12/2021 (part 3) | 2/12/2021 (part 4) | 2/12/2021 (part 5) | 2/12/2021 (part 6) | 2/12/2021 (part 7) | 2/12/2021 (part 8)]
©2001 All Rights Reserved.  sn.com | web site evolution