IRVINE, Calif. (AP) _ Five Point Holdings LLC (FPH) on Thursday reported second-quarter net income of $6.6 million, after reporting a loss in the same period a year earlier.
The Irvine, California-based company said it had profit of 10 cents per share.
The real estate developer posted revenue of $24.3 million in the period.
Five Point shares have decreased 27% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $5.07, a decrease of 26% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FPH at https://www.zacks.com/ap/FPH
