Creative Media & Community Trust Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 29.23 million compared to USD 23.3 million a year ago. Revenue was USD 32.76 million compared to USD 26.4 million a year ago. Net loss was USD 17.36 million compared to net income of USD 2.92 million a year ago. Basic loss per share from continuing operations was USD 1.05 compared to USD 0.1 a year ago. Diluted loss per share from continuing operations was USD 1.05 compared to USD 0.1 a year ago.
For the six months, sales was USD 55.04 million compared to USD 44.8 million a year ago. Revenue was USD 61.67 million compared to USD 51.19 million a year ago. Net loss was USD 24.31 million compared to net income of USD 5.22 million a year ago. Basic loss per share from continuing operations was USD 1.61 compared to USD 0.22 a year ago. Diluted loss per share from continuing operations was USD 1.61 compared to USD 0.22 a year ago.