American National Financial Posts $560,000 Quarterly Loss
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American National Financial Inc., Irvine title company and provider of other real estate services, said it lost $561,426, or 8 cents a share, for the fourth quarter, contrasted with net income of $2.4 million, or 53 cents a share, for the same period a year earlier. Revenue declined 30% to $18.1 million. For the year, net income totaled $5.6 million, or 81 cents a share, down 19% from $6.9 million, or $1.96 a share, for the prior year. Revenue fell 2% to $89.3 million.
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