Retail Value Inc. Reports First Quarter 2021 Operating Results

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Go back to Retail Value Inc. Reports First Quarter 2021 Operating Results

Retail Value (RVI) Reports Q1 EPS of $0.15 on Revenues of $41.46M

May 4, 2021 5:28 PM EDT

Retail Value (NYSE: RVI) reported Q1 EPS of $0.15, versus ($0.66) reported last year. Revenue for the quarter came in at $41.46 million, versus $50.37 million reported last year.

Results for the Quarter and Recent Activity

First quarter net income attributable to common shareholders was $3.2 million, or $0.15 per diluted share, as compared to net loss of $13.1 million, or $0.66 per share, in the year-ago period. The period-over-period increase in net income is primarily attributable to reduced impairment charges, interest expense... More