Retail Opportunity Investments Corp. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 77.22 million compared to USD 70.11 million a year ago. Revenue was USD 78.23 million compared to USD 70.73 million a year ago. Net income was USD 11.51 million compared to USD 16.48 million a year ago. Basic earnings per share from continuing operations was USD 0.09 compared to USD 0.14 a year ago. Diluted earnings per share from continuing operations was USD 0.09 compared to USD 0.14 a year ago.
For the six months, sales was USD 152.26 million compared to USD 139.02 million a year ago. Revenue was USD 154.7 million compared to USD 139.92 million a year ago. Net income was USD 23.15 million compared to USD 23.9 million a year ago. Basic earnings per share from continuing operations was USD 0.19 compared to USD 0.2 a year ago. Diluted earnings per share from continuing operations was USD 0.19 compared to USD 0.2 a year ago.