Ccur Holdings, Inc. Reports Earnings Results for the Fourth Quarter Ended June 30, 2020
September 15, 2020 at 07:41 am EDT
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CCUR Holdings, Inc. announced earnings results for the fourth quarter ended June 30, 2020. For the fourth quarter, the company announced total revenue was USD 892,000 compared to USD 1.846 million a year ago. Operating loss was USD 2.944 million compared to USD 940,000 a year ago. Net income was USD 5.380 million compared to USD 803,000 a year ago. Basic earnings per share from continuing operations was USD 0.61 compared to USD 0.09 a year ago. For the full year, total revenue was USD 5.873 million compared to USD 3.456 million a year ago. Operating loss was USD 1.491 million compared to USD 2.757 million a year ago. Net income was USD 12.230 million compared to USD 681,000 a year ago. Basic earnings per share from continuing operations was USD 1.39 compared to USD 0.08 a year ago. Diluted earnings per share from continuing operations was USD 1.38 compared to USD 0.08 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.