secwatch.observer — SEC 8-K summary
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Issuer:     AMREP CORP. (AXR)
CIK:        0000006207
Form:       8-K
Filed at:   2022-09-07T23:59:59+00:00
Accession:  0001104659-22-098225
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMREP Q1 FY2023 net income up 17% to $1.91M; diluted EPS $0.36 vs $0.22 YoY
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- Revenue of $11.23M vs $10.51M YoY, a 6.9% increase.
- Net income $1.91M ($0.36 diluted EPS) vs $1.64M ($0.22) in prior-year quarter.
- Weighted avg. diluted shares fell to 5.296M from 7.373M, reflecting buybacks.
- Real estate and homebuilding operations in New Mexico drove results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6207/000110465922098225/0001104659-22-098225-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6207/000110465922098225/tm2225364d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-098225

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer