R&R Real Estate Investment Trust reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 8.75 million compared to USD 9.12 million a year ago. Revenue was USD 8.93 million compared to USD 9.32 million a year ago. Net loss was USD 5.14 million compared to net income of USD 1.09 million a year ago. Basic loss per share from continuing operations was USD 0.129 compared to basic earnings per share from continuing operations of USD 0.029 a year ago.
For the six months, sales was USD 16.89 million compared to USD 17.15 million a year ago. Revenue was USD 17.27 million compared to USD 17.5 million a year ago. Net loss was USD 8.68 million compared to USD 3.66 million a year ago. Basic loss per share from continuing operations was USD 0.225 compared to USD 0.098 a year ago.