Drive Shack Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 70.87 million compared to USD 62.26 million a year ago. Revenue was USD 88.67 million compared to USD 76.37 million a year ago. Net loss was USD 7.15 million compared to USD 8.85 million a year ago. Basic loss per share from continuing operations was USD 0.09 compared to USD 0.11 a year ago. Diluted loss per share from continuing operations was USD 0.09 compared to USD 0.11 a year ago.
For the nine months, sales was USD 193.73 million compared to USD 177.17 million a year ago. Revenue was USD 244.34 million compared to USD 211.34 million a year ago. Net loss was USD 35.55 million compared to USD 21.72 million a year ago. Basic loss per share from continuing operations was USD 0.43 compared to USD 0.29 a year ago. Diluted loss per share from continuing operations was USD 0.43 compared to USD 0.29 a year ago.