Pennsylvania Real Estate Investment Trust reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 61.51 million compared to USD 67.45 million a year ago. Revenue was USD 67.45 million compared to USD 73.13 million a year ago. Net loss was USD 44.95 million compared to USD 10.79 million a year ago. Basic loss per share from continuing operations was USD 9.73 compared to USD 3.32 a year ago. Diluted loss per share from continuing operations was USD 9.73 compared to USD 3.32 a year ago.
For the six months, sales was USD 123.02 million compared to USD 131.73 million a year ago. Revenue was USD 134.71 million compared to USD 142.56 million a year ago. Net loss was USD 90.04 million compared to USD 43.26 million a year ago. Basic loss per share from continuing operations was USD 19.48 compared to USD 10.72 a year ago. Diluted loss per share from continuing operations was USD 19.48 compared to USD 10.72 a year ago.