Clipper Realty Inc. (CLPR) Reports Q2 Loss of $0.04
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Clipper Realty Inc. Announces Second Quarter 2017 Results
July 27, 2017 4:05 PM EDTNEW YORK--(BUSINESS WIRE)-- Clipper Realty Inc. (NYSE: CLPR), a leading owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced financial and operating results for the three and six months ended June 30, 2017.
Highlights for the Three and Six Months Ended June 30, 2017
Grew revenues by approximately 14% to $25.4 million for the second quarter 2017 and 15% to $50.6 million for the six months ended June 30, 2017 as compared to the same periods of 2016. Grew income from operations by approximately 19% to $7.3 million for the second quarter... More