AMREP Corporation reported earnings results for the first quarter ended July 31, 2023. For the first quarter, the company reported revenue was USD 10.29 million compared to USD 10.71 million a year ago. Net income was USD 1.35 million compared to USD 1.91 million a year ago.

Basic earnings per share from continuing operations was USD 0.25 compared to USD 0.36 a year ago. Diluted earnings per share from continuing operations was USD 0.25 compared to USD 0.36 a year ago.