Drive Shack Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 78.94 million compared to USD 70.87 million a year ago. Revenue was USD 100.34 million compared to USD 88.67 million a year ago. Net loss was USD 3.08 million compared to USD 7.15 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to USD 0.09 a year ago. Diluted loss per share from continuing operations was USD 0.05 compared to USD 0.09 a year ago.
For the nine months, sales was USD 214.77 million compared to USD 193.73 million a year ago. Revenue was USD 275.91 million compared to USD 244.34 million a year ago. Net loss was USD 5.58 million compared to USD 35.55 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to USD 0.43 a year ago. Diluted loss per share from continuing operations was USD 0.1 compared to USD 0.43 a year ago.