Preferred Apartment Communities, Inc. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was USD 404.58 million compared to USD 445.82 million a year ago. Revenue was USD 451.14 million compared to USD 501.19 million a year ago.

Net income was USD 20.45 million compared to net loss of USD 177.79 million a year ago. Basic loss per share from continuing operations was USD 2.59 compared to USD 6.95 a year ago. Diluted loss per share from continuing operations was USD 2.59 compared to USD 6.95 a year ago.