Industrial Logistics Properties Trust reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 107.22 million compared to USD 54.18 million a year ago. Net loss was USD 143.54 million compared to net income of USD 18.83 million a year ago. Basic loss per share from continuing operations was USD 2.2 compared to basic earnings per share from continuing operations of USD 0.29 a year ago. Diluted loss per share from continuing operations was USD 2.2 compared to diluted earnings per share from continuing operations of USD 0.29 a year ago.
For the six months, sales was USD 178.6 million compared to USD 108.4 million a year ago. Net loss was USD 150.05 million compared to net income of USD 38.17 million a year ago. Basic loss per share from continuing operations was USD 2.3 compared to basic earnings per share from continuing operations of USD 0.58 a year ago. Diluted loss per share from continuing operations was USD 2.3 compared to diluted earnings per share from continuing operations of USD 0.58 a year ago.