DALLAS (AP) — DALLAS (AP) — American Realty Investors Inc. (ARL) on Thursday reported second-quarter net income of $1.2 million.
The Dallas-based company said it had net income of 7 cents per share.
The real estate investment company posted revenue of $11.8 million in the period.
ARL shares have fallen slightly more than 5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $16.49, a drop of 14% in the last 12 months.
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