Ccur Holdings, Inc. Reports Earnings Results for the Third Quarter Ended March 31, 2020
May 07, 2020 at 07:36 am EDT
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CCUR Holdings, Inc. announced earnings results for the third quarter ended March 31, 2020. For the third quarter, the company announced total revenue was USD 1.463 million compared to USD 1.074 million a year ago. Operating income was USD 811,000 compared to operating loss of USD 231,000 a year ago. Net income was USD 707,000 compared to USD 1.411 million a year ago. Basic earnings per share from continuing operations was USD 0.08 compared to USD 0.16 a year ago. For the nine months, total revenue was USD 4.981 million compared to USD 1.610 million a year ago. Operating income was USD 1.453 million compared to operating loss of USD 1.817 million a year ago. Net income was USD 6.850 million compared to net loss of USD 122,000 a year ago. Basic earnings per share from continuing operations was USD 0.78 compared to basic loss per share from continuing operations of USD 0.01 a year ago.
CCUR Holdings, Inc. operates in the financial services industry. The Companyâs subsidiary, Recur Holdings LLC, conducts, holds and manages real estate operations. The Company serves as a co-sponsor to Crixus BH3 Acquisition Company. The Company is further evaluating for acquisition purposes additional operating business and assets to maximize the value of its assets.