Urstadt Biddle Properties Inc.

The company's financials show resilient growth, with revenue advancing from $35.48M in Q3 2022 to $35.07M in Q2 2023. Gross profit remained healthy with margins at 66% in Q2 2023 compared to 68% in Q3 2022. Operating income hit $12.57M last quarter, sustaining a consistent 36% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $20.70M. Net income dropped to $1.81M, while earnings per share reached $0.05. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.