Industrial Logistics Properties Trust reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 103.22 million compared to USD 54.98 million a year ago. Net loss was USD 45.63 million compared to net income of USD 18.31 million a year ago. Basic loss per share from continuing operations was USD 0.7 compared to basic earnings per share from continuing operations of USD 0.28 a year ago. Diluted loss per share from continuing operations was USD 0.7 compared to diluted earnings per share from continuing operations of USD 0.28 a year ago.
For the nine months, sales was USD 281.81 million compared to USD 163.38 million a year ago. Net loss was USD 195.68 million compared to net income of USD 56.48 million a year ago. Basic loss per share from continuing operations was USD 3 compared to basic earnings per share from continuing operations of USD 0.86 a year ago. Diluted loss per share from continuing operations was USD 3 compared to diluted earnings per share from continuing operations of USD 0.86 a year ago.