LuxUrban Hotels Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 31.86 million compared to USD 10.2 million a year ago. Net loss was USD 26.77 million compared to net income of USD 0.762409 million a year ago. Basic loss per share from continuing operations was USD 0.78 compared to basic earnings per share from continuing operations of USD 0.04 a year ago.
For the six months, sales was USD 54.68 million compared to USD 19.3 million a year ago. Net loss was USD 29.56 million compared to net income of USD 2.18 million a year ago. Basic loss per share from continuing operations was USD 0.94 compared to basic earnings per share from continuing operations of USD 0.1 a year ago.