Cedar Realty Trust, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 8.34 million compared to USD 7.52 million a year ago. Revenue was USD 8.62 million compared to USD 7.81 million a year ago. Net income was USD 2.93 million compared to USD 89.31 million a year ago. Basic earnings per share from continuing operations was USD 0.02. Basic earnings per share was USD 0.02 compared to USD 6.42 a year ago.
For the nine months, sales was USD 25.23 million compared to USD 24.33 million a year ago. Revenue was USD 25.83 million compared to USD 24.96 million a year ago. Net income was USD 1.88 million compared to USD 45.67 million a year ago. Basic loss per share from continuing operations was USD 0.45. Basic loss per share was USD 0.45 compared to basic earnings per share of USD 2.82 a year ago.