Power REIT Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
For the nine months, sales was USD 0.857459 million compared to USD 5.54 million a year ago. Revenue was USD 1.71 million compared to USD 6.23 million a year ago. Net loss was USD 12.55 million compared to net income of USD 2.53 million a year ago. Basic loss per share from continuing operations was USD 3.85 compared to basic earnings per share from continuing operations of USD 0.6 a year ago. Diluted loss per share from continuing operations was USD 3.85 compared to diluted earnings per share from continuing operations of USD 0.58 a year ago.