RPT Realty reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 48.19 million compared to USD 53.55 million a year ago. Revenue was USD 51.05 million compared to USD 55.29 million a year ago. Net income was USD 0.031 million compared to USD 6.8 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to basic earnings per share from continuing operations of USD 0.06 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to diluted earnings per share from continuing operations of USD 0.06 a year ago.
For the six months, sales was USD 98.31 million compared to USD 107.55 million a year ago. Revenue was USD 103.3 million compared to USD 111.38 million a year ago. Net income was USD 1.3 million compared to USD 12.57 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to basic earnings per share from continuing operations of USD 0.11 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to diluted earnings per share from continuing operations of USD 0.1 a year ago.