A-Mark: Fiscal 2Q Earnings Snapshot
A-Mark: Fiscal 2Q Earnings Snapshot
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EL SEGUNDO, Calif. (AP) _ A-Mark Precious Metals Inc. (AMRK) on Monday reported fiscal second-quarter net income of $577,000, after reporting a loss in the same period a year earlier.
The El Segundo, California-based company said it had net income of 8 cents per share.
The precious metals trading company posted revenue of $1.1 billion in the period.
A-Mark shares have increased almost 10 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $12.92, a rise of 16 percent 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 AMRK at https://www.zacks.com/ap/AMRK
