Income Opportunity Realty Investors Q4 net income doubles to $2.5M

INCOME OPPORTUNITY REALTY INVESTORS INC /TX/

Net income $2.5M ($0.60 diluted EPS) vs. $1.3M ($0.30) for Q4 2022.
Increase driven by higher interest income from rising interest rates in 2023.
No guidance or other segment details provided in the release.
Company trades on NYSE American under ticker IOR.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

INCOME OPPORTUNITY REALTY INVESTORS INC /TX/ reported quarter ended December 31, 2023 results: net income $2.5 million, EPS $0.60 per diluted share.

Period: quarter ended December 31, 2023
Net income: $2.5 million
EPS: $0.60 per diluted share
Result: reported results

Exact text from the filing

Income Opportunity Realty Investors, Inc. reports Earnings for Quarter Ended December 31, 2023

View on SEC.gov

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Source: SEC EDGAR

accession 0001999371-24-003798

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