iStar 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 3.18 million compared to USD 4.79 million a year ago. Revenue was USD 48.06 million compared to USD 54.25 million a year ago. Net loss was USD 132.61 million compared to USD 13.67 million a year ago. Basic loss per share from continuing operations was USD 10.625 compared to USD 3.6875 a year ago. Basic loss per share was USD 10.625 compared to USD 1.6875 a year ago.
For the six months, sales was USD 6.29 million compared to USD 9.72 million a year ago. Revenue was USD 80.02 million compared to USD 114.24 million a year ago. Net income was USD 484.12 million compared to net loss of USD 8.2 million a year ago. Basic loss per share from continuing operations was USD 12.125 compared to USD 5.375 a year ago. Basic earnings per share was USD 39.25 compared to basic loss per share of USD 1.6875 a year ago.