Pennsylvania Real Estate Investment Trust reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 61.52 million compared to USD 64.28 million a year ago. Revenue was USD 67.27 million compared to USD 69.44 million a year ago.

Net loss was USD 45.09 million compared to USD 32.47 million a year ago. Basic loss per share from continuing operations was USD 9.75 compared to USD 7.41 a year ago. Diluted loss per share from continuing operations was USD 9.75 compared to USD 7.41 a year ago.