Comstock Q1 2024: Revenue $10.6M, net income $0.9M, fee-based revenue up 45%

Comstock Holding Companies, Inc.

2024-Q1 EPS reported $0.09 revenue$10,638,000

Revenue $10.6M, up 4% YoY, marking 15th consecutive period of year-over-year growth.
Net income $0.9M, up 21% YoY; diluted EPS $0.09 vs $0.07.
Property & parking management revenue rose 45%; ParkX revenue up 44% with 15 new third-party contracts.
Managed portfolio expanded to 65 assets (from 45); residential 96% leased, commercial stabilized 93% leased.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Comstock Holding Companies, Inc. reported the first quarter ended March 31, 2024 results: revenue $10,638, net income $910, EPS $0.09.

Period: the first quarter ended March 31, 2024
Revenue: $10,638
Net income: $910
EPS: $0.09
Result: reported results

Exact text from the filing

success story throughout the remainder of 2024.” Key Performance Metrics ($ in thousands, except per share and portfolio data) Q1 2024 Q1 2023 Revenue $ 10,638 $ 10,275 Net income 910 754 Adjusted EBITDA $ 1,486 $ 1,626 Net income per share — diluted $ 0.09 $ 0.07 Managed Portfolio - # of assets 65 45

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Source: SEC EDGAR

accession 0001299969-24-000017

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