IOR reports Q4 2022 net income of $1.3M, up from $0.7M YoY

INCOME OPPORTUNITY REALTY INVESTORS INC /TX/

Net income attributable to common shares: $1.3M ($0.30 diluted EPS) vs $0.7M ($0.17) in Q4 2021.
Earnings increase driven by higher interest income from rising interest rates during 2022.
Results cover the quarter ended December 31, 2022, released on March 24, 2023.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

INCOME OPPORTUNITY REALTY INVESTORS INC /TX/ reported the quarter ended December 31, 2022 results: net income $1.3 million, EPS $0.30 per diluted share.

Period: the quarter ended December 31, 2022
Net income: $1.3 million
EPS: $0.30 per diluted share
Result: reported results

Exact text from the filing

For the three months ended December 31, 2022, we reported net income attributable to common shares of $1.3 million or $0.30 per diluted share compared to a net income of $0.7 million or $0.17 per share for the same period in 2021.

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Source: SEC EDGAR

accession 0001839882-23-007452

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