Resource America, Inc. (NASDAQ:REXI) will release its fourth quarter earnings for 2009 on Monday, December 7. The company has scheduled a conference call for 8:30 am ET the following morning, Tuesday, December 8. Interested parties may listen to the call by visiting the company’s website at http://www.resourceamerica.com/. A telephone replay will also be available by dialing 888.286.8010 and entering the pass code 14018877.
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Resource America, Inc. is a specialized asset management company that uses industry specific expertise to evaluate, originate, service and manage investment opportunities in the commercial finance, real estate and financial fund management sectors. As of September 30, 2008, it managed $18 billion of assets. In its financial fund management operations, it concentrates on trust preferred securities of banks, bank holding companies, insurance companies and other financial companies, bank loans, asset-backed securities. In its real estate operations, the Company concentrates on the ownership, operation and management of multi-family and commercial real estate, and real estate mortgage loans. In its commercial finance operations, it focuses on originating small and middle-ticket equipment leases and commercial loans secured by business-essential equipment, including technology, commercial and industrial equipment and medical equipment.
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