Apartment Investment and Management Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 47.7 million compared to USD 47.68 million a year ago. Net loss was USD 2.26 million compared to net income of USD 29.47 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to basic earnings per share from continuing operations of USD 0.19 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to diluted earnings per share from continuing operations of USD 0.19 a year ago.
For the nine months, sales was USD 137.64 million compared to USD 148.38 million a year ago. Net loss was USD 14.7 million compared to net income of USD 276.82 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to basic earnings per share from continuing operations of USD 1.82 a year ago. Diluted loss per share from continuing operations was USD 0.1 compared to diluted earnings per share from continuing operations of USD 1.81 a year ago.