Comstock Holdings Reports Q3 Growth with Significant Increase in Adjusted EBITDA
Comstock Holdings (CHCI) has released its third-quarter financial results, demonstrating strong year-over-year growth across all major metrics. The company reported revenue of $17.9 million, representing a 34% increase compared to the same period last year. Diluted earnings per share (EPS) rose by 20% to $0.06. Profitability saw substantial gains, with net income increasing to $588,000 from $541,000 in the prior year. Most notably, Adjusted EBITDA surged by 112%, climbing to $2.3 million from $1.1 million. These results indicate significant operational scaling and improved margin performance for the company during the quarter.
Tickers: $CHCI