NexPoint Hospitality Trust reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 13.5 million compared to USD 9.66 million a year ago. Revenue was USD 15.44 million compared to USD 10.65 million a year ago. Net income was USD 0.803 million compared to USD 11.36 million a year ago. Basic loss per share from continuing operations was USD 0.03. Basic earnings per share was USD 0.03 compared to USD 0.38 a year ago.
For the nine months, sales was USD 41.07 million compared to USD 23.87 million a year ago. Revenue was USD 46.14 million compared to USD 26.22 million a year ago. Net loss was USD 0.601 million compared to net income of USD 19.52 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to basic earnings per share from continuing operations of USD 0.26 a year ago. Basic loss per share was USD 0.02 compared to basic earnings per share of USD 0.66 a year ago.