Business NewsMarketWire • Resource America, Inc. Reports Operating Results for the Second Fiscal Quarter Ended March 31, 2011

Resource America, Inc. Reports Operating Results for the Second Fiscal Quarter Ended March 31, 2011

Resource America, Inc. Reports Operating Results for the Second Fiscal Quarter Ended March 31, 2011

PHILADELPHIA, PA--(Marketwire - May 4, 2011) - Resource America, Inc. (NASDAQ: REXI) (the "Company") reported an adjusted loss from continuing operations attributable to common shareholders, a non-GAAP measure, of $675,000, or $0.03 per common share-diluted, and $1.0 million, or $0.05 per common share-diluted, for the second fiscal quarter and six months ended March 31, 2011, respectively, as compared to an adjusted loss from continuing operations attributable to common shareholders of $880,000, or $0.05 per common share-diluted, and $752,000, or $0.04 per common share-diluted, for the second fiscal quarter and six months ended March 31, 2010, respectively. A reconciliation of the Company's reported GAAP loss from continuing operations attributable to common shareholders to adjusted loss from continuing operations attributable to common shareholders, a non-GAAP measure, is included as Schedule I to this release.

View More : http://www.marketwire.com/mw/release.do?id=1510302&sourceType=3
Releted News by marketwire
Resource America, Inc. Reports Operating Results for the Second Fiscal Quarter Ended March 31, 2011
Smart Card Alliance Annual Conference Day One -- EMV and the United States