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A-Mark Closes Previously Announced Acquisition of Retailer JM Bullion
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A-Mark Precious Metals Reports Fiscal Second Quarter 2021 Results
A-Mark Precious MetalsFebruary 9, 2021 GMT
EL SEGUNDO, Calif., Feb. 09, 2021 (GLOBE NEWSWIRE) A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading full-service provider of products and services to the global precious metals market, reported results for the fiscal second quarter ended December 31, 2020.
Fiscal Second Quarter 2021 Financial Highlights Revenues for the three months ended December 31, 2020 increased 44% to $1.52 billion from $1.06 billion for the three months ended December 31, 2019 and decreased 19% from $1.87 billion for the three months ended September 30, 2020 Gross profit for the three months ended December 31, 2020 increased 131% to $18.8 million (1.24% of revenue) from $8.1 million (0.77% of revenue) for the three months ended December 31, 2019 and decreased 48% from $36.1 million (1.94% of r
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
A-Mark Precious Metals Sets Fiscal Second Quarter 2021 Earnings Call for Tuesday, February 9 at .
A-Mark Precious MetalsFebruary 8, 2021 GMT
EL SEGUNDO, Calif., Feb. 08, 2021 (GLOBE NEWSWIRE) A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading full-service provider of products and services to the global precious metals market, will hold a conference call on Tuesday, February 9 at 5:00 p.m. Eastern time to discuss results for the fiscal second quarter ended December 31, 2020. Financial results will be issued in a press release prior to the call.
A-Mark’s CEO Greg Roberts, President Thor Gjerdrum and CFO Kathleen Simpson-Taylor will host the presentation, followed by a question and answer period.
A-Mark to Acquire Leading E-commerce Retailer JM Bullion, Creating the Industry’s Preeminent Fully Integrated Precious Metals Platform
February 09, 2021 16:15 ET | Source: A-Mark Precious Metals A-Mark Precious Metals
EL SEGUNDO, Calif., Feb. 09, 2021 (GLOBE NEWSWIRE) (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, has entered into a definitive agreement with
JM Bullion, Inc. (JMB), a leading e-commerce retailer of precious metals, to acquire the remaining 79.5% of the issued and outstanding shares of JMB not currently owned by A-Mark. The proposed acquisition follows a longstanding and highly synergistic relationship between the companies that dates back to A-Mark’s initial minority investment in JMB in 2014.
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