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

Reuters08-05
Trinity Place Holdings Reports 100% Drop in <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Revenue, Net Loss Narrows to $0.5 Million

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.

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