CCUR Holdings, Inc. Reports Earnings Results for the Second Quarter Ended December 31, 2018
February 06, 2019 at 04:50 pm EST
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CCUR Holdings, Inc. announced earnings results for the second quarter ended December 31, 2018. For the second quarter, the company announced total revenue was USD 370,000 compared to USD 0 a year ago. Operating loss was USD 917,000 compared to USD 3.859 million a year ago. Net loss was USD 1.530 million compared to net income of USD 19.888 million a year ago. Basic loss per share from continuing operations was USD 0.17 compared to USD 0.3 a year ago. Basic loss per share was USD 0.17 compared to basic earnings per share of USD 2.11 a year ago. For the half year, total revenue was USD 536,000 compared to USD 0 a year ago. Operating loss was USD 1.586 million compared to USD 5.324 million a year ago. Net loss was USD 1.533 million compared to net income of USD 18.878 million a year ago. Basic loss per share from continuing operations was USD 0.17 compared to USD 0.45 a year ago. Basic loss per share was USD 0.17 compared to basic earnings per share of USD 2 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.