Retail Opportunity Investments Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 78.27 million compared to USD 77.42 million a year ago. Revenue was USD 81.75 million compared to USD 78.04 million a year ago. Net income was USD 8.43 million compared to USD 18.52 million a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to USD 0.15 a year ago. Diluted earnings per share from continuing operations was USD 0.07 compared to USD 0.15 a year ago.
For the nine months, sales was USD 236.9 million compared to USD 229.68 million a year ago. Revenue was USD 243.08 million compared to USD 232.74 million a year ago. Net income was USD 26.5 million compared to USD 41.67 million a year ago. Basic earnings per share from continuing operations was USD 0.21 compared to USD 0.34 a year ago. Diluted earnings per share from continuing operations was USD 0.21 compared to USD 0.33 a year ago.