Optibase Ltd. Announces Third Quarter Results
HERZLIYA, Israel, Nov. 30, 2020 /PRNewswire/ -- Optibase Ltd. (NASDAQ: OBAS) (the "Company") today announces financial results for the third quarter ended September 30, 2020.
Revenues from fixed income real estate totaled $3.5 million for the quarter ended September 30, 2020 compared to revenues of $4 million for the third quarter of 2019.
Net Income attributable to Optibase Ltd shareholders for the quarter ended September 30, 2020 was $5.2 million or $1 per basic and diluted share compared to loss of $496,000 or $0.1 per basic and diluted share for the third quarter of 2019.
For the nine months ended September 30, 2020 revenues totaled $11.4 million compared to revenues of $12.1 millio
