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Stock impact report

Comstock Reports Fourth Quarter and Fiscal Year 2023 Results [Yahoo! Finance]

Comstock Holding Companies, Inc. - Class A (CHCI) 
US:NASDAQ Investor Relations: ir.comstockhomes.com
Company Research Source: Yahoo! Finance
Q4 operating income increased 22% to $1.9 million; Q4 net income increased 43% to $1.9 million Q4 Adjusted EBITDA increased 17% to $2.2 million Fiscal Year 2023 YTD revenue increased 14% to $44.7 million, including 13% increase in recurring fee-based revenue YTD operating income increased 15% to $9.2 million; YTD net income of $7.8 million flat vs. prior year YTD Adjusted EBITDA of $10.4 million, up 16% vs. prior year Generated $9.0 million of cash flow from operations Maintained well above-average leased percentages in both Commercial and Residential portfolios (90+%) RESTON, Va., March 21, 2024 BUSINESS WIRE )--Comstock Holding Companies, Inc. (Nasdaq: CHCI) ("Comstock" or the "Company"), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced its financial results for the fourth quarter and fiscal year ended December 31, 2023. "Our fiscal 2023 results underscore the strength and resil Show less Read more
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