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MMA Capital Management: 1Q Earnings Snapshot

BALTIMORE (AP) _ MMA Capital Management LLC (MMAC) on Friday reported first-quarter profit of $2.9 million.

The Baltimore-based company said it had profit of 49 cents per share.

The investment firm posted revenue of $4.4 million in the period. Its adjusted revenue was $4.1 million.

MMA Capital Management shares have increased 24% since the beginning of the year. The stock has risen 11% 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 MMAC at https://www.zacks.com/ap/MMAC