Clipper Realty Inc. Announces Second Quarter 2019 Results
Clipper Realty Inc. (CLPR)
Last clipper realty inc. earnings: 3/12 04:05 pm
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US:NYSE Investor Relations:
clipperrealty.com
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Source: Business Wire
Reports Record Revenues, Net Operating Income 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 June 30, 2019.Highlights for the Three Months Ended June 30, 2019Achieved record quarterly revenues of $28.4 million for the second quarter of 2019, representing an increase of 4.2% compared to the same period in 2018. Residential rental income increased 8.6% and 6.7% at the Flatbush Gardens and Tribeca House properties, respectivelyRecorded quarterly income from operations of $8.8 million for the second quarter of 2019, representing an increase of 6.1% compared to the same period in 2018Achieved record quarterly net operating income (“NOI”)1 of $15.9 million for the second quarter of 2019, representing an increase of 4.2% compared to the
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CLPR
Earnings
- 10/31/24 - Beat
CLPR
Sec Filings
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- CLPR's page on the SEC website