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INDUS: Fiscal 4Q Earnings Snapshot

·1 min read

NEW YORK (AP) _ INDUS Realty Trust, Inc. (INDT) on Thursday reported a loss of $11.1 million in its fiscal fourth quarter.

On a per-share basis, the New York-based company said it had a loss of $1.96. Losses, adjusted for non-recurring costs, came to 98 cents per share.

The real estate and landscape company posted revenue of $9.7 million in the period.

For the year, the company reported a loss of $12.7 million, or $2.42 per share, swinging to a loss in the period. Revenue was reported as $37.4 million.

INDUS shares have increased 4% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $65.01, an increase of 54% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INDT at https://www.zacks.com/ap/INDT