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Rafael Holdings Reports Second Quarter Fiscal Year 2021 Results
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NEWARK, N.J., March 17, 2021 /PRNewswire/ Rafael Holdings, Inc., (NYSE: RFL), reported revenue of $1.0 million and a loss per share of $0.50 for the second quarter of its 2021 fiscal year, the three months ended January 31, 2021.
Q2 FY 2021 Consolidated Financial and Operational Highlights
Revenue of $1.0 million, generated by Rafael Holdings real estate portfolio, decreased from $1.2 million in the year-ago quarter due, in part, to the sale of its building in Piscataway, NJ.
Loss per share of $0.50 compared to a loss per share of $0.08 in the year ago quarter primarily due to a $7.0 million impairment of the company s interest in Altira, as described below.
Rafael Holdings Reports First Quarter Fiscal Year 2021 Results
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NEWARK, N.J., Dec. 15, 2020 /PRNewswire/ Rafael Holdings, Inc., (NYSE: RFL), reported revenue of $1.1 million and a loss per share of $0.09 for the first quarter of its 2021 fiscal year, the three months ended October 31, 2020.
Q1 FY 2021 Consolidated Financial Highlights
Revenue of $1.1 million in Q1 FY 2021, generated by Rafael Holdings real estate portfolio, decreased from $1.2 million in the year-ago quarter.
Loss per share of $0.09, a decrease from $0.10 in the year ago quarter largely due to a gains on the sale of the Company s commercial real estate property in Piscataway, New Jersey and other investments which more than offset the increased research and development expense.