Seritage Growth Properties reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 4.53 million compared to USD 23.25 million a year ago. Revenue was USD 5.05 million compared to USD 23.5 million a year ago. Net loss was USD 0.902 million compared to USD 3.44 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.08 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to USD 0.08 a year ago.
For the nine months, sales was USD 10.46 million compared to USD 81.76 million a year ago. Revenue was USD 11.61 million compared to USD 84.11 million a year ago. Net loss was USD 158.6 million compared to USD 166.4 million a year ago. Basic loss per share from continuing operations was USD 2.89 compared to USD 3.57 a year ago. Diluted loss per share from continuing operations was USD 2.89 compared to USD 3.57 a year ago.