Trinity Place Holdings Reports 100% Drop in Q2 2025 Revenue, Net Loss Narrows to $0.5 Million

Reuters
2025.08.04 20:26
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Trinity Place Holdings Inc. reported zero revenue for Q2 2025, a 100% drop from $0.4 million in Q2 2024. The net loss narrowed to $0.5 million from $1.7 million year-over-year. Year-to-date revenue for 2025 is $0.2 million, down 91% from $2.7 million in 2024, with a net loss of $4.2 million compared to a net income of $7.1 million last year. No outlook or guidance was provided in the results.

Trinity Place Holdings Inc. (OTC PINK: TPHS) has released its financial results for the second quarter ended June 30, 2025. The company reported zero revenue for the quarter, a decrease of 100% from $0.4 million reported in the same period of the previous year. The net loss for the second quarter was $0.5 million, compared to a net loss of $1.7 million in the corresponding period last year. For the year-to-date period of 2025, Trinity Place Holdings reported a revenue of $0.2 million, marking a 91% decrease from $2.7 million in the same timeframe the previous year. The company also reported a net loss of $4.2 million, a significant shift from the net income of $7.1 million reported in the same period of the prior year. There was no outlook or guidance provided in the results released by the company. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trinity Place Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250804060430) on August 04, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)