Inovalis REIT (TSX:INO) reported quarterly losses of $(0.01) per share which beat the analyst consensus estimate of $(0.10) by 90 percent. This is a 50 percent increase over losses of $(0.02) per share from the same period last year. The company reported $2.934 million in sales this quarter. This is a 33.60 percent decrease over sales of $4.419 million the same period last year.