Comstock (CHCI) Q2 Earnings Up Y/Y, Revenues Aided by Fee Growth

For the second quarter of 2024, Comstock Holding Companies, Inc. (CHCI) reported a significant increase in both revenues and net income, underscoring the company's continued growth trajectory. Net income per share came in at 9 cents compared with 5 cents per share in the same period last year. Revenue surged 20% year over year to $10.8 million. The company marked its 16th consecutive quarter of comparative revenue growth, benefiting from the expansion of its managed portfolio. Comstock's asset-light and deb ...