DALLAS — CIM Commercial Trust Corp. (CMCT) on Friday reported third-quarter net income of $2.8 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Dallas-based company said it had net income of 11 cents.
The real estate investment trust posted revenue of $29.2 million in the period.
CIM Commercial Trust shares have dropped 68% since the beginning of the year. The stock has declined 72% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMCT at https://www.zacks.com/ap/CMCT