Sotheby's announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was USD 92.934 million compared to USD 119.161 million a year ago. Operating loss was USD 63.895 million compared to USD 30.667 million a year ago. Net loss was USD 53.359 million compared to USD 27.838 million a year ago. Basic loss per share was USD 1.14 compared to USD 0.55 a year ago. For the nine months, total revenue was USD 628.177 million compared to USD 660.593 million a year ago. Operating income was USD 27.121 million compared to USD 60.070 million a year ago. Net loss was USD 3.424 million compared to net income of USD 22.922 million a year ago. Basic loss per share was USD 0.07 compared to basic earnings per share of USD 0.44 a year ago. Diluted loss per share was USD 0.07 compared to diluted earnings per share of USD 0.43 a year ago.