Optibase Ltd (OBAS) Reports Q3 EPS of $0.09

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Optibase Ltd. Announces Third Quarter Results

November 27, 2015 6:00 AM EST

HERZLIYA, Israel--(BUSINESS WIRE)-- Optibase Ltd. (NASDAQ: OBAS) today announced financial results for the third quarter ended September 30, 2015.

Revenues from fixed income real estate totaled $4.2 million for the quarter ended September 30, 2015, compared to revenues of $3.5 million for the third quarter of 2014 and revenues of $3.7 million for the second quarters of 2015.

Net income attributable to Optibase Ltd shareholders for the quarter ended September 30, 2015 was $466,000 or $0.09 per basic and diluted share, compared to a net income of $209,000 or $0.04 per basic and diluted share for the third quarter of 2014.

For the nine months ended September... More