Clipper Realty Inc. (CLPR) Misses Q1 EPS by 2c
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Clipper Realty Inc. Announces First Quarter 2022 Results
May 10, 2022 4:05 PM EDTNEW 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 March 31, 2022.
Highlights for the Three Months Ended March 31, 2022
Achieved record quarterly revenues of $32.1 million for the first quarter of 2022 Achieved quarterly income from operations of $6.5 million for the first quarter of 2022 Achieved quarterly net operating income (NOI)1 of $16.5 million for the first quarter of 2022 Recorded... More