CTO Realty Growth, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 22.76 million compared to USD 16.37 million a year ago. Revenue was USD 26.05 million compared to USD 19.46 million a year ago. Net income was USD 1.8 million compared to USD 1.22 million a year ago. Basic earnings per share from continuing operations was USD 0.03. Diluted earnings per share from continuing operations was USD 0.03.
For the six months, sales was USD 45.19 million compared to USD 31.54 million a year ago. Revenue was USD 50.76 million compared to USD 36.67 million a year ago. Net loss was USD 4.19 million compared to net income of USD 1.42 million a year ago. Basic loss per share from continuing operations was USD 0.29 compared to USD 0.05 a year ago. Diluted loss per share from continuing operations was USD 0.29 compared to USD 0.05 a year ago.