Business NewsMarketWire • Resource America, Inc. Reports Operating Results for the Third Fiscal Quarter Ended June 30, 2011

Resource America, Inc. Reports Operating Results for the Third Fiscal Quarter Ended June 30, 2011

Resource America, Inc. Reports Operating Results for the Third Fiscal Quarter Ended June 30, 2011

PHILADELPHIA, PA--(Marketwire - Aug 2, 2011) - Resource America, Inc. (NASDAQ: REXI) (the "Company") reported adjusted income from continuing operations attributable to common shareholders, a non-GAAP measure, of $3.5 million, or $0.17 per common share-diluted, and $3.9 million, or $0.19 per common share-diluted, for the third fiscal quarter and nine months ended June 30, 2011, respectively, as compared to adjusted income from continuing operations attributable to common shareholders of $813,000, or $0.04 per common share-diluted, and $592,000, or $0.03 per common share-diluted, for the third fiscal quarter and nine months ended June 30, 2010. A reconciliation of the Company's reported GAAP loss from continuing operations attributable to common shareholders to adjusted income from continuing operations attributable to common shareholders, a non-GAAP measure, is included as Schedule I to this release.

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