Wheeler Real Estate Investment Trust, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 18.49 million compared to USD 15 million a year ago. Revenue was USD 18.72 million compared to USD 15.51 million a year ago. Net loss was USD 4.24 million compared to net income of USD 3.03 million a year ago. Basic loss per share from continuing operations was USD 6.6 compared to basic earnings per share from continuing operations of USD 0.9 a year ago.
For the nine months, sales was USD 49.14 million compared to USD 44.95 million a year ago. Revenue was USD 49.69 million compared to USD 45.73 million a year ago. Net loss was USD 8.87 million compared to USD 4.09 million a year ago. Basic loss per share from continuing operations was USD 16.1 compared to USD 5.9 a year ago.