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Optibase Ltd. Announces Fourth Quarter Results


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HERZLIYA, Israel, April 28, 2021 /PRNewswire/  
Optibase Ltd. (NASDAQ: OBAS) today announced financial results for the fourth quarter ended December 31, 2020.
Revenues from fixed income real estate totaled $3.4 million for the quarter ended December 31, 2020 compared to revenues of $4 million for the fourth quarter of 2019.
Net loss attributable to Optibase Ltd shareholders for the quarter ended December 31, 2020 was $625,000 or $0.12 per basic and diluted share compared to net loss of $1.1 million or $0.21 per basic and diluted share for the fourth quarter of 2019.
For the year ended December 31, 2020 revenues totaled $14.9 million compared to revenues of $16.1 million for the year ended December 31, 2019. Net income attributable to Optibase Ltd Shareholders for the year ended December 31, 2020 was $6.4 or $1.24 per basic and diluted share, compared to a net loss of $2 million or $0.38 per basic and diluted share for the year ended ....

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