Clipper Realty Inc. (CLPR) Misses Q2 EPS by 4c

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Go back to Clipper Realty Inc. (CLPR) Misses Q2 EPS by 4c

Clipper Realty Inc. Announces Second Quarter 2021 Results

August 9, 2021 4:05 PM EDT

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 June 30, 2021.

Highlights for the Three Months Ended June 30, 2021

Achieved quarterly revenues of $30.7 million for the second quarter of 2021 Achieved quarterly income from operations of $7.0 million for the second quarter of 2021 Achieved quarterly net operating income (NOI)1 of $16.1 million for the second quarter of 2021 Recorded quarterly net loss... More