NETSTREIT 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 29.71 million compared to USD 22.05 million a year ago. Revenue was USD 31.63 million compared to USD 22.63 million a year ago. Net loss was USD 0.791 million compared to net income of USD 1.99 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to diluted earnings per share from continuing operations of USD 0.04 a year ago.
For the six months, sales was USD 58.18 million compared to USD 42.97 million a year ago. Revenue was USD 61.08 million compared to USD 43.97 million a year ago. Net income was USD 0.681 million compared to USD 3.93 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to USD 0.08 a year ago. Diluted earnings per share from continuing operations was USD 0.01 compared to USD 0.08 a year ago.