Comstock Holding Companies Inc. reported third quarter 2025 revenue of $13.3 million, up from $13.0 million in the same period last year. Net income for the quarter was $0.5 million, compared to $2.4 million in Q3 2024. Adjusted EBITDA for the quarter was $1.1 million, down from $3.1 million a year earlier. Diluted net income per share was $0.05, compared to $0.23 in the prior year period. Year-to-date revenue reached $38.9 million, with net income of $3.6 million and adjusted EBITDA of $5.3 million. Key business developments included a stabilized commercial managed portfolio 93% leased, with nine commercial leases totaling approximately 75,000 square feet executed in the quarter and over 500,000 square feet of commercial leases secured year-to-date. The residential managed portfolio was 96% leased, with over 500 units leased year-to-date and average rents increasing nearly 4% compared to the previous year. The ParkX subsidiary's revenue rose 59% year-over-year, with 139 new employees hired in Q3 to support new service offerings.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Comstock Holding Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251112361216) on November 13, 2025, and is solely responsible for the information contained therein.
Comments