Optibase Ltd (OBAS) Reports Q2 Loss of $0.29/Share
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Optibase Ltd. Announces Second Quarter Results
August 27, 2015 9:01 AM EDTHERZLIYA, Israel--(BUSINESS WIRE)-- Optibase Ltd. (NASDAQ: OBAS) today announced financial results for the second quarter ended June 30, 2015.
Revenues from fixed income real estate totaled $3.7 million for the quarter ended June 30, 2015, compared to revenues of $3.6 million for the second quarter of 2014 and revenues of $3.3 million for the first quarter of 2015.
Loss attributable to Optibase Ltd shareholders for the quarter ended June 30, 2015 was $1.5 million or $0.29, compared to a net income of $159,000 or $0.03 per basic and diluted share for the second quarter of 2014.
For the six months ended June 30, 2015, loss was $1.6 million or... More
