Crossingbridge Advisors, LLC Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 12, 2023 at 01:31 am IST
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Crossingbridge Advisors, LLC reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 2.11 million compared to USD 1.76 million a year ago. Revenue was USD 2.3 million compared to USD 1.76 million a year ago. Net income was USD 0.852874 million compared to USD 0.762885 million a year ago. Basic earnings per share from continuing operations was USD 0.16 compared to USD 0.32 a year ago.
For the six months, sales was USD 3.87 million compared to USD 3.47 million a year ago. Revenue was USD 4.24 million compared to USD 3.47 million a year ago. Net income was USD 0.85884 million compared to USD 1.52 million a year ago. Basic earnings per share from continuing operations was USD 0.16 compared to USD 0.64 a year ago.
Enterprise Diversified, Inc. is focused primarily on financial products and services. The Company operates through four segments: Asset Management Operations, Real Estate Operations, Internet Operations and Other Operations. Asset Management Operations segment includes activities from various joint ventures, service offerings and initiatives undertaken in the asset management industry. Real Estate Operations segment includes activities related to the management of legacy properties held for investment and held for resale through EDI Real Estate located in Roanoke, Virginia, and its equity in Mt Melrose, LLC, which managed properties held for investment and held for resale located in Lexington, Kentucky. Internet Operations segment activities related to its sale of Internet access, hosting, storage and other ancillary services. Other Operations segment include corporate operations and nonrecurring or one-time strategic funding or similar other activity.
CROSSINGBRIDGE ADVISORS, LLC 
