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Stock impact report

Seaport Entertainment Group Reports Third Quarter 2024 Results

Seaport Entertainment Group Inc. (SEG) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Seaport Entertainment Group Inc. (NYSE American: SEG) (“Seaport Entertainment Group,” “SEG” or the “Company”) announced today its operating and financial results for the quarter ended September 30, 2024.Third Quarter 2024 HighlightsCompleted the previously announced separation from predecessor parent company Howard Hughes Holdings Inc. (NYSE: HHH) (“Howard Hughes”) on July 31, 2024 (the “Separation”), and is now an independent, standalone publicly traded company listed on the NYSE American under the ticker symbol “SEG”.Reported a net loss of ($32.5) million, or ($5.89) per basic and diluted share attributable to common stockholders, compared with a net loss of ($736.2) million, or ($133.31) per basic and diluted share attributable to common stockholders for the third quarter of 2023.Total revenues were $39.7 million compared to $40.5 million for the prior year quarter.Other Recent HighlightsCompleted the previously announced rights offering on October 17 Show less Read more
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