Enterprise Diversified, Inc. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 15, 2018 at 06:00 pm IST
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Enterprise Diversified, Inc. announced earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported revenues of $1,855,825 and comprehensive income of $20,982.
For the nine months, the company reported revenues of $4,764,666 and comprehensive loss of $748,412.
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.
ENTERPRISE DIVERSIFIED, INC. 
