Apartment Investment and Management Company reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was USD 41.97 million compared to USD 46.72 million a year ago. Net loss was USD 201.09 million compared to USD 1.42 million a year ago. Basic loss per share from continuing operations was USD 1.34 compared to USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 1.34 compared to USD 0.01 a year ago.

For the full year, the company reported sales was USD 190.34 million compared to USD 169.84 million a year ago. Net income was USD 75.73 million compared to net loss of USD 5.91 million a year ago. Basic earnings per share from continuing operations was USD 0.5 compared to basic loss per share from continuing operations of USD 0.04 a year ago. Diluted earnings per share from continuing operations was USD 0.49 compared to diluted loss per share from continuing operations of USD 0.04 a year ago.