Equity Commonwealth reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 13.87 million compared to USD 13.14 million a year ago. Revenue was USD 15.13 million compared to USD 13.88 million a year ago. Net income was USD 12.19 million compared to net loss of USD 2.81 million a year ago. Basic earnings per share from continuing operations was USD 0.09 compared to basic loss per share from continuing operations of USD 0.04 a year ago. Diluted earnings per share from continuing operations was USD 0.09 compared to diluted loss per share from continuing operations of USD 0.04 a year ago.
For the nine months, sales was USD 44.14 million compared to USD 41.42 million a year ago. Revenue was USD 47.35 million compared to USD 43.61 million a year ago. Net income was USD 16.39 million compared to net loss of USD 14.76 million a year ago. Basic earnings per share from continuing operations was USD 0.09 compared to basic loss per share from continuing operations of USD 0.17 a year ago. Diluted earnings per share from continuing operations was USD 0.09 compared to diluted loss per share from continuing operations of USD 0.17 a year ago.