Insignia Financial (ASX:IFL) reported Thursday that its loss per diluted share in the fiscal first half narrowed to AU$0.025 from AU$0.075 per diluted share a year earlier.
Underlying earnings per share was AU$0.186, up from AU$0.144 a year earlier. Analysts polled by FactSet expected AU$0.19.
Revenue for the six months to Dec. 31, 2024, was AU$778.9 million, down nearly 21% from AU$979.2 million in the same period a year earlier. Analysts surveyed by FactSet expected AU$687 million.
The financial services firm maintained its guidance announced in November 2024.
The board decided to keep dividends on pause.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.