J.W. Mays reports Q2 net loss ($0.04) vs prior year profit; revenues decline 7.2%

MAYS J W INC

2024-Q2 EPS reported -$0.14 revenue$10,738,644

Net loss of ($98,059) or ($0.04) per share for Q2 ended Jan 31, 2024 vs net income of $44,738 ($0.02) a year ago.
Revenue fell 7.2% to $5.41M from $5.84M in the prior-year quarter.
For the six months, net loss of ($290,603) or ($0.14) per share vs net income of $104,255 ($0.05) in 2023.
Six-month revenue declined 7.5% to $10.74M from $11.61M year-over-year.
No forward guidance or management commentary was provided in the release.

item 2.02

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MAYS J W INC reported six months ended January 31, 2024 results: revenue Revenues from Operations for the six months ended January 31, 2024 were $10,738,644, net income Net loss from Operations for the six months ended January 31, 2024 was ($290,603), EPS $(.14) per share.

Period: six months ended January 31, 2024
Revenue: Revenues from Operations for the six months ended January 31, 2024 were $10,738,644
Net income: Net loss from Operations for the six months ended January 31, 2024 was ($290,603)
EPS: $(.14) per share
Result: reported results

Exact text from the filing

Net loss from Operations for the six months ended January 31, 2024 was ($290,603), or ($.14) per share, compared to net income from Operations of $104,255, or $.05 per share, in the comparable 2023 six month period.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MAYS J W INC reported three months ended January 31, 2024 results: revenue Revenues from Operations for the three months ended January 31, 2024 were $5,414,843, net income Net loss from Operations for the three months ended January 31, 2024 was ($98,059), EPS $(.04) per share.

Period: three months ended January 31, 2024
Revenue: Revenues from Operations for the three months ended January 31, 2024 were $5,414,843
Net income: Net loss from Operations for the three months ended January 31, 2024 was ($98,059)
EPS: $(.04) per share
Result: reported results

Exact text from the filing

Revenues from Operations for the three months ended January 31, 2024 were $5,414,843 compared to revenues of $5,837,819 in the comparable 2023 three-month period while Revenues from Operations for the six months ended January 31, 2024 were $10,738,644 compared to revenues of $11,607,553 in the comparable 2023 six-month period. Net loss from Operations for the three months ended January 31, 2024 was ($98,059), or ($.04) per share, compared to net income from Operations of $44,738, or $.02 per share, in the comparable 2023 three month period.

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Source: SEC EDGAR

accession 0001206774-24-000266

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