Paramount Group, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 165.51 million compared to USD 177.24 million a year ago. Revenue was USD 172.66 million compared to USD 185.52 million a year ago. Net loss was USD 47.54 million compared to USD 0.36 million a year ago. Basic loss per share from continuing operations was USD 0.22. Diluted loss per share from continuing operations was USD 0.22.
For the six months, sales was USD 347.22 million compared to USD 347.17 million a year ago. Revenue was USD 361.14 million compared to USD 369.2 million a year ago. Net loss was USD 45.81 million compared to net income of USD 3.01 million a year ago. Basic loss per share from continuing operations was USD 0.21 compared to basic earnings per share from continuing operations of USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.21 compared to diluted earnings per share from continuing operations of USD 0.01 a year ago.