Star Holdings reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 26.7 million compared to USD 18.51 million a year ago. Revenue was USD 43.57 million compared to USD 38.41 million a year ago. Net loss was USD 81.81 million compared to net income of USD 17.51 million a year ago. Basic loss per share from continuing operations was USD 6.14 compared to basic earnings per share from continuing operations of USD 1.31 a year ago.
For the nine months, sales was USD 51.4 million compared to USD 64.11 million a year ago. Revenue was USD 85.84 million compared to USD 106.03 million a year ago. Net loss was USD 262.49 million compared to USD 3.9 million a year ago. Basic loss per share from continuing operations was USD 19.71 compared to USD 0.29 a year ago.