NEWTON, Mass. (AP) — RMR Group Inc. (RMR) on Monday reported fiscal fourth-quarter earnings of $8.2 million.
The Newton, Massachusetts-based company said it had net income of 50 cents per share. Earnings, adjusted for asset impairment costs and non-recurring costs, were 61 cents per share.
The real estate management services provider posted revenue of $65.1 million in the period.
For the year, the company reported profit of $96 million, or $5.92 per share. Revenue was reported as $405 million.
RMR Group shares have increased 9 percent since the beginning of the year. The stock has increased roughly 10 percent in the last 12 months.