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Star Holdings reported a net loss of $49.0 million and a loss per share of $3.68 for the first quarter of 2024. These results were affected by a non-cash adjustment of $37.9 million related to the company's investment in SAFE shares.
Net loss attributable to common shareholders for Q1 2024 was $49.0 million.
Loss per share for Q1 2024 was $3.68.
Land revenues for Q1 2024 totaled $16.6 million.
Results reflect a non-cash adjustment of $37.9 million related to SAFE shares.
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