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Stock impact report

A-Mark Precious Metals Reports Fiscal First Quarter 2018 Results

A-Mark Precious Metals, Inc. (AMRK) 
Last a-mark precious metals, inc. earnings: 5/9 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: amark.com/investors
Company Research Source: GlobeNewswire
EL SEGUNDO, Calif., Nov. 14, 2017 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK), a full-service precious metals trading company and an official distributor for all the major sovereign mints, reported results for the fiscal first quarter ended September 30, 2017. Fiscal Q1 2018 Financial Highlights Revenues increased 20% to $2.16 billion from $1.81 billion for the three months ended September 30, 2016 and increased 63% from $1.33 billion for the three months ended June 30, 2017Gross profit decreased 9% to $7.3 million from $8.1 million for the three months ended September 30, 2016 and increased 20% from $6.1 million for the three months ended June 30, 2017Net income decreased 75% to $478,000 or $0.07 per diluted share from $2.0 million or $0.27 per diluted share for the three months ended September 30, 2016 and decreased 61% from $1.2 million or $0.17 per diluted share for the three months ended June 30, 2017Gold ounces sold decreased 37% to 332,000 ounces Show less Read more
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