Ccur Holdings, Inc. Reports Earnings Results for the Second Quarter Ended December 31, 2019
February 05, 2020 at 08:07 am EST
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CCUR Holdings, Inc. announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced total revenue was USD 1.787 million compared to USD 370,000 a year ago. Operating income was USD 591,000 compared to operating loss of USD 917,000 a year ago. Net income was USD 2.737 million compared to net loss of USD 1.530 million a year ago. Basic earnings per share from continuing operations was USD 0.31 compared to basic loss per share from continuing operations of USD 0.17 a year ago.
For the half year, total revenue was USD 3.518 million compared to USD 536,000 a year ago. Operating income was USD 642,000 compared to operating loss of USD 1.586 million a year ago. Net income was USD 6.143 million compared to net loss of USD 1.533 million a year ago. Basic earnings per share from continuing operations was USD 0.7 compared to basic loss per share from continuing operations of USD 0.17 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.