AMREP Q1 fiscal 2022 net income $1.6M ($0.22/diluted) vs $0.6M ($0.07) a year ago; revenue $10.5M vs $4.2M

AMREP CORP.

2021-Q1 EPS reported $0.22 revenue$10,507,000

Net income $1.64M ($0.22 per diluted share) compared to $593K ($0.07) in Q1 FY2021.
Revenue more than doubled to $10.5M from $4.2M year-over-year.
Weighted average diluted shares outstanding decreased to 7.37M from 8.18M, reflecting share buybacks.

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