Cedar Realty Trust, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 8.37 million compared to USD 10.6 million a year ago. Revenue was USD 8.5 million compared to USD 10.84 million a year ago. Net loss was USD 42.59 million compared to net income of USD 51.06 million a year ago. Basic loss per share from continuing operations was USD 2.78 compared to basic earnings per share from continuing operations of USD 3.11 a year ago. Basic loss per share was USD 3.41 compared to basic earnings per share of USD 3.52 a year ago.
For the six months, sales was USD 16.44 million compared to USD 21.45 million a year ago. Revenue was USD 16.78 million compared to USD 21.78 million a year ago. Net loss was USD 43.64 million compared to net income of USD 52.17 million a year ago. Basic loss per share from continuing operations was USD 3.49 compared to basic earnings per share from continuing operations of USD 2.51 a year ago. Basic loss per share was USD 3.69 compared to basic earnings per share of USD 3.41 a year ago.