A-Mark: Fiscal Q2 Earnings Snapshot

Associated Press Finance
02-06

EL SEGUNDO, Calif. (AP) — EL SEGUNDO, Calif. (AP) — A-Mark Precious Metals Inc. (AMRK) on Thursday reported fiscal second-quarter earnings of $6.6 million.

On a per-share basis, the El Segundo, California-based company said it had net income of 27 cents. Earnings, adjusted for non-recurring costs, came to 55 cents per share.

The precious metals trading company posted revenue of $2.74 billion in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $2.66 billion.

A-Mark shares have increased slightly more than 3% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $28.30, a climb of slightly more than 4% 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 AMRK at https://www.zacks.com/ap/AMRK

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