SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934
Date of Report June 9, 2010 Commission File Number 1-3647
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(Date of earliest event reported)
J.W. Mays, Inc.
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(Exact name of registrant as specified in its charter)
New York 11-1059070
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(State or other jurisdiction (I.R.S. Employer
of incorporation) Identification No.)
9 Bond Street, Brooklyn, New York 11201-5805
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(Address of principal executive offices) (Zip Code)
(Registrant's telephone number, including area code) 718-624-7400
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This Report Contains 4 Pages.
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Item 2.02 Results of Operations and Financial Condition.
J. W. Mays, Inc. issued a press release on June 9, 2010, reporting its
financial results for the three and nine months ended April 30, 2010. The
press release reported revenues for the three and nine month periods ended
April 30, 2010, and net income for the three and nine month periods ended
April 30, 2010, and provided a comparison for revenues and net income to the
three and nine month periods ended April 30, 2009.
A copy of the press release is attached to this Form 8-K as Exhibit 99(i).
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
J. W. MAYS, INC.
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(Registrant)
Dated: June 10, 2010 By: Mark Greenblatt
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Mark Greenblatt
Vice President
Principal Financial Officer
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Press Release
Exhibit 99(i)
J. W. MAYS, INC.
REPORTS ON OPERATIONS
FOR THE THREE AND NINE MONTHS ENDED APRIL 30, 2010
J. W. Mays, Inc. today reported its financial results for the three and
nine months ended April 30, 2010.
Revenues from Continuing Operations for the three months ended April 30,
2010 were $3,763,617 compared to revenues of $3,504,866, in the comparable
2009 three month period, while revenues from Continuing Operations for the
current nine months were $11,141,691 compared to revenues of $10,815,636 in
the comparable 2009 nine months.
Net income from Continuing Operations for the three months ended April 30,
2010, was $61,454, or $.03 per share, compared to net income of $317,669, or
$.16 per share, in the comparable 2009 three month period.
Net income from Continuing Operations for the nine months ended April 30,
2010, was $500,791, or $.25 per share, compared to net income of $598,579, or
$.30 per share, in the comparable 2009 nine month period.
Net loss from discontinued operations for the three months ended April 30,
2010, was ($15,026), or ($.01) per share, compared to net income of $25,982,
or $.01 per share, in the comparable 2009 three month period.
Net loss from discontinued operations for the nine months ended April 30,
2010 was ($37,260), or ($.02) per share, compared to net income of $66,006, or
$.03 per share, in the comparable 2009 nine month period.
Net income for the three months ended April 30, 2010, was $46,428, or $.02
per share, compared to net income of $343,651, or $.17 per share, in the
comparable 2009 three month period.
Net income for the nine months ended April 30, 2010 was $463,531, or $.23
per share, compared to net income of $664,585, or $.33 per share, in the
comparable 2009 nine month period.
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Dated: June 10, 2010
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