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Drive Shack Inc.  (NCT)
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EARNINGS REPORT by CSIMarket

Loss on Weak Sales

Drive Shack Inc announced first quarter 2019 operating deficit of $-18.279 millions

For the first quarter 2019 Drive Shack Inc lost money of $-0.24 per share compare to $-0.26 a year ago and increased losses from $-0.07 per share from the previous quarter.

Revenues declined in double digits by -19.06 % to $54 millions from $67 millions in the same quarter a year ago and sequentially Revenues fell by -22.13 % from $69 millions.



In the first quarter 2019 Drive Shack Inc reported net loss of $-15 million, instead of deficit of $-16 millions in the same quarter a year ago.


Drive Shack Inc is expected to report next financial results on August 09, 2019.


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Construction spending decreased after recent increase in February, as decline in residential construction offset an increase in nonresidential construction.

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Sales and Earnings Unchanged

In the first quarter Innocap Inc reached break-even of $0.00 per share compare to $0.00 a year ago and from $-0.00 per share from the previous quarter.

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Prices increased on the faster pace again, led by increase in gasoline prices.

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Nonfarm payrolls grew in April, as the hiring in the private sector accelerates and the public sector creates new jobs.

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U.S. Producer price index continued to rise in April, but on the lower pace.

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Sales and Earnings Unchanged

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Sales grew slightly by 2.28 % to $2.08 millions from $2.04 millions in the same quarter a year ago and sequentially Sales decreased by -1.57 % from $2.12 millions.

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Logged a Loss, Topline Tumbles

In the forth quarter Nemaura Medical Inc lost money of $-0.01 per share compare to $-0.01 a year ago and from $0.00 per share from the previous quarter.

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In the forth quarter Finisar Corp decreased loss of $-0.12 per share compare to $-0.16 a year ago and improved from $-0.13 per share from the previous quarter.

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Other NCT's Earnings Reports

Drive Shack reported forth quarter 2018 earnings

Drive Shack reported third quarter 2018 earnings

Drive Shack reported second quarter 2018 earnings

             
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