IRVINE, Calif. (AP) _ Five Point Holdings LLC (FPH) on Monday reported fourth-quarter net income of $6.4 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Irvine, California-based company said it had net income of 9 cents.
The real estate developer posted revenue of $146.9 million in the period.
For the year, the company reported net income of $9 million, or 13 cents per share, swinging to a profit in the period. Revenue was reported as $184.4 million.
In the final minutes of trading on Monday, the company's shares hit $4.59. A year ago, they were trading at $7.44.