Preferred Apartment Communities, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 97.9 million compared to USD 104.46 million a year ago. Revenue was USD 104.88 million compared to USD 115.7 million a year ago. Net loss was USD 7.81 million compared to USD 2.65 million a year ago. Basic loss per share from continuing operations was USD 0.62 compared to USD 0.73 a year ago. Diluted loss per share from continuing operations was USD 0.62 compared to USD 0.73 a year ago.