J.W. Mays Reports Financial Results for Three Months Ended October 31, 2024

J.W. Mays, Inc., a company listed on NASDAQ under the ticker symbol MAYS, recently disclosed its financial performance for the three months ending October 31, 2024. The company released a press statement on December 11, 2024, outlining the revenues and net income for this period and providing a comparative analysis with the corresponding three months in 2023.

For the three months concluding on October 31, 2024, J.W. Mays reported revenues from operations amounting to $5,539,129. In comparison, revenues for the same period in 2023 were $5,323,801. The net income for the three-month period ending October 31, 2024, stood at $26,657, equivalent to earnings of $0.01 per share. This marked a significant improvement compared to the net loss of $(192,544), or $(0.10) per share, reported for the corresponding 2023 period.

To provide comprehensive details and transparency regarding its financial performance, a copy of the press release issued by J.W. Mays, Inc. has been attached to the Form 8-K filing as Exhibit 99(i).

The press release highlights the company’s commitment to keeping its stakeholders informed about its operational results and financial standings.

This news piece was completed in accordance with the details provided in the recent 8-K SEC filing by J.W. Mays, Inc.

Note: This article is based on the information provided in the official 8-K SEC filing by J.W. Mays, Inc. It is recommended to refer to the company’s official sources for precise and detailed financial information.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read J.W. Mays’s 8K filing here.

About J.W. Mays

J.W. Mays, Inc owns, operates, and leases commercial real estate properties in United States. The company's properties are located in Brooklyn, Jamaica, Fishkill, Levittown, and Massapequa of New York; and Circleville of Ohio. The company was founded in 1924 and is based in Brooklyn, New York.