Income Opportunity Realty Investors, Inc. Reports Second Quarter 2018 Results

DALLAS--(BUSINESS WIRE)--Income Opportunity Realty Investors, Inc. (NYSE American: IOR), a Dallas-based real estate investment company, today reported results of operations for the quarter ended June 30, 2018. For the three months ended June 30, 2018, we reported a net income applicable to common shares of $0.7 million or $0.17 per diluted share for the three months ended June 30, 2018, as compared to net income of $1.0 million or $0.24 per diluted share for the same period ended 2017.