Retail Opportunity Investments Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 79.63 million compared to USD 77.22 million a year ago. Revenue was USD 82.04 million compared to USD 78.23 million a year ago. Net income was USD 9.93 million compared to USD 11.51 million a year ago. Basic earnings per share from continuing operations was USD 0.08 compared to USD 0.09 a year ago. Diluted earnings per share from continuing operations was USD 0.08 compared to USD 0.09 a year ago.
For the six months, sales was USD 158.63 million compared to USD 152.26 million a year ago. Revenue was USD 161.34 million compared to USD 154.7 million a year ago. Net income was USD 18.07 million compared to USD 23.15 million a year ago. Basic earnings per share from continuing operations was USD 0.14 compared to USD 0.19 a year ago. Diluted earnings per share from continuing operations was USD 0.14 compared to USD 0.19 a year ago.