How did CDT's Q3 2023 earnings compare to expectations?
4/13/2025 11:22am
CDT's Q3 2023 earnings were not as expected, as indicated by the significant net loss of approximately $1,831,889, or $(0.15) per basic and diluted share. This was a substantial increase in net loss compared to the same period the previous year, which was approximately $830,212, or $(0.07) per basic and diluted share. The change in net income attributable to the Company's common stockholders was primarily due to an increase in G&A expenses and interest expense, which offset the increase in rental revenue and fee and other income.