Optibase Ltd. Announces Third Quarter Results [MarketWatch]
Optibase Ltd. - Ordinary Shares (OBAS)
US:NASDAQ Investor Relations:
optibase-holdings.com/homesites/pagegen.asp?page=18160
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Source: MarketWatch
Revenues from fixed income real estate totaled $3.5 million for the quarter ended September 30, 2021 compared to revenues of $3.5 million for the third quarter of 2020. Net loss attributable to Optibase Ltd shareholders for the quarter ended September 30, 2021 was $86,000 or $0.02 per basic and diluted share compared to net income of $5.2 million or $1 per basic and diluted share for the third quarter of 2020. For the nine months ended September 30, 2021 revenues totaled $10.4 million compared to revenues of $11.4 million for the nine months ended September 30, 2020. Net loss attributable to Optibase Ltd Shareholders for the period was $1.4 million or $0.28 per basic and diluted share, compared to net income of $7.1 million or $1.36 per basic and diluted share for the nine months ended September 30, 2020. Weighted average shares outstanding used in the calculation for the periods were approximately 5.2 million basic and diluted shares for each period. As of September 30, 2021
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