Wheeler Real Estate Investment Trust, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 25.59 million compared to USD 26.05 million a year ago. Revenue was USD 26.22 million compared to USD 26.95 million a year ago. Net income was USD 16.45 million compared to net loss of USD 3.58 million a year ago. Basic earnings per share from continuing operations was USD 0.55 compared to basic loss per share from continuing operations of USD 5.97 a year ago.

For the full year, the company reported sales was USD 100.33 million compared to USD 75.2 million a year ago. Revenue was USD 102.33 million compared to USD 76.65 million a year ago. Net loss was USD 4.69 million compared to USD 12.45 million a year ago. Basic loss per share from continuing operations was USD 4.57 compared to USD 22.04 a year ago.