Harbor Custom Development, Inc. Reports 2023 Second Quarter and Year to Date Financial Results
Gross loss for the second quarter 2023 increased to $(2.9) million compared to $(1.9) million for the second quarter 2022.
- Gross loss for the second quarter 2023 increased to $(2.9) million compared to $(1.9) million for the second quarter 2022.
- Gross margin loss for the second quarter 2023 decreased to (14.7)% compared to (18.8)% for the second quarter 2022.
- Operating expenses for the second quarter 2023 were $2.4 million compared to $3.7 million for the second quarter 2022.
- EBITDA loss for the second quarter 2023 decreased from $(4.9) million in the second quarter 2022 to a loss of $(3.1) million for the second quarter 2023.