DALLAS (AP) 鈥� DALLAS (AP) 鈥� American Realty Investors Inc. (ARL) on Thursday reported a first-quarter loss of $551,000, after reporting a profit in the same period a year earlier.
On a per-share basis, the Dallas-based company said it had a loss of 3 cents.
The real estate investment company posted revenue of $12.3 million in the period.
ARL shares have declined 18% since the beginning of the year. The stock has risen 9% in the last 12 months.
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