Star Holdings reports Q3 net loss of $81.8M, EPS -$6.14 on SAFE markdown

Star Holdings

2023-Q3 EPS reported -$19.71 revenue$85,837,000

Net loss to common shareholders of $81.8 million; diluted EPS loss of $6.14.
Non-cash mark-to-market loss of $80.2 million on 13.5M SAFE shares reduced EPS by $6.02.
Monetized $24.8 million of land and development assets during Q3.
Voluntarily repaid $15M of margin loan to $100M balance; post-quarter repaid $19.8M more.
Company continues to focus on asset sales to maximize cash flow.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Star Holdings reported the quarter ended September 30, 2023 results: net income ($81.8 million), EPS ($6.14).

Period: the quarter ended September 30, 2023
Net income: ($81.8 million)
EPS: ($6.14)
Result: reported results

Exact text from the filing

Net income (loss) attributable to common shareholders for the third quarter was ($81.8 million) and earnings (loss) per share was ($6.14).

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

Star Holdings filing history →

Source: SEC EDGAR

accession 0001953366-23-000008

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.