DALLAS (AP) — DALLAS (AP) — American Realty Investors Inc. (ARL) on Thursday reported first-quarter earnings of $1.8 million.
On a per-share basis, the Dallas-based company said it had net income of 11 cents.
The real estate investment company posted revenue of $11.9 million in the period.
ARL shares have dropped 19% since the beginning of the year. The stock has decreased 25% in the last 12 months.
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