Resource America (REXI) Misses Q2 EPS by 1c

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Resource America, Inc. Reports Operating Results for the Second Quarter Ended June 30, 2015

August 6, 2015 7:30 PM EDT

PHILADELPHIA, PA -- (Marketwired) -- 08/06/15 -- Resource America, Inc. (NASDAQ: REXI)

Second Quarter 2015 Highlights

Adjusted net income attributable to common shareholders of $3.4 million (see Schedule I) Increased gross assets under management by 15% to $21.8 billion since June 30, 2014 Net assets under management increased 20% to $10.6 billion Book value per common share of $7.28 Repurchased 302,767 shares at an average price of $8.40

Second Quarter 2015... More