Koll Management Services Inc.: The Newport Beach...
- Share via
Koll Management Services Inc.: The Newport Beach real estate management company reported that third-quarter profit dipped 1% to $746,000, or 24 cents a share, from $754,000, or 23 cents a share, for the comparable period in 1992. Revenue for the quarter ended Dec. 31 increased 53% to $14.8 million from $9.7 million for the same period last year. Earnings per share were 24 cents, up a penny. For the first nine months, profit was down to $2 million, or 63 cents a share, from $2.1 million, or 64 cents a share. Revenue rose to $39.8 million from $28.7 million. The company attributed the revenue gain to a second-quarter acquisition and expansion of its Corporate and Facilities Services business.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.