Clipper Realty Inc. (CLPR) Tops Q3 EPS by 1c

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Clipper Realty Inc. Announces Third Quarter 2018 Results

November 1, 2018 4:05 PM EDT

Reports Record Revenues, Income From Operations and Adjusted Funds From Operations

NEW YORK--(BUSINESS WIRE)-- Clipper Realty Inc. (NYSE: CLPR) (the Company), 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 months ended September 30, 2018.

Highlights for the Three Months Ended September 30, 2018

Achieved record quarterly revenues of $27.9 million for the third quarter 2018, representing an increase of 7.5% compared to the same period in 2017 Achieved record... More