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Stratus Properties Inc. reported a net loss of $5 million, or 62 cents per share, for Q3 2025, a decline from a $0.4 million loss in the same quarter last year. Revenues fell 44% to $5 million, compared to $8.9 million in Q3 2024, primarily due to the absence of real estate sales.
The company’s EBITDA was negative at $5.5 million, down from a slight profit of $0.01 million in the prior year. Stratus incurred a segment loss of $4.5 million in real estate operations, attributed to a $2.9 million impairment from a terminated development project.
Stratus is planning to sell Lantana Place – Retail for approximately $57.4 million, aimed at repaying a project loan of $29.8 million. The company had a cash balance of $55 million as of September 30, 2025, with continued focus on maintaining liquidity and potential share repurchases.
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