COPT Defense Properties reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 155.27 million compared to USD 146.48 million a year ago. Revenue was USD 168.56 million compared to USD 182.5 million a year ago. Net loss was USD 216.19 million compared to net income of USD 30.92 million a year ago. Diluted loss per share was USD 1.94 compared to diluted earnings per share of USD 0.27 a year ago.
For the nine months, sales was USD 459.51 million compared to USD 430.15 million a year ago. Revenue was USD 505.25 million compared to USD 563.78 million a year ago. Net loss was USD 107.12 million compared to net income of USD 122.55 million a year ago. Diluted loss per share was USD 0.96 compared to diluted earnings per share of USD 1.08 a year ago.