Lightstone Value Plus REIT I, 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 2.58 million compared to USD 2.38 million a year ago. Revenue was USD 15.84 million compared to USD 2.38 million a year ago. Net loss was USD 8.82 million compared to USD 13.54 million a year ago. Basic loss per share from continuing operations was USD 0.41 compared to USD 0.62 a year ago.
For the nine months, sales was USD 7.53 million compared to USD 7.2 million a year ago. Revenue was USD 41.28 million compared to USD 7.2 million a year ago. Net loss was USD 17.61 million compared to USD 27.56 million a year ago. Basic loss per share from continuing operations was USD 0.81 compared to USD 1.25 a year ago.