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Article: Tarragon Realty Investors Reports First Quarter 2001 Results.
- Article from:
- PR Newswire
- Article date:
- May 22, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, May 22 /PRNewswire/ --
Tarragon Realty Investors, Inc. (Nasdaq: TARR), a growth-oriented, fully-integrated property development, acquisition and management company, reported today financial results for the first quarter ended March 31, 2001.
In the first quarter of 2001, revenues rose 35 percent to $27.5 million compared to $20.4 million in the same quarter of 2000. For the first quarter 2001 the Company's comprehensive loss decreased 26 percent to $(1.9) million, or $(0.27) cents per common share compared with $(2.8) million or $(0.32) cents per common share, in the same period last year. Within the first quarter 2001 net operating income of ...