Apartment Investment & Management Co. Q4 Loss Drops

(RTTNews) - Apartment Investment & Management Co. (AIV) revealed Loss for fourth quarter that decreased from the same period last year

The company's bottom line totaled -$1.42 million, or -$0.01 per share. This compares with -$14.54 million, or -$0.10 per share, in last year's fourth quarter.

The company's revenue for the quarter rose 20.9% to $46.72 million from $38.65 million last year.

Apartment Investment & Management Co. earnings at a glance (GAAP) :

-Earnings (Q4): -$1.42 Mln. vs. -$14.54 Mln. last year. -EPS (Q4): -$0.01 vs. -$0.10 last year. -Revenue (Q4): $46.72 Mln vs. $38.65 Mln last year.