From TokenPost · · 40s
Medical Properties Trust Revenue Rises 5.3%
Medical Properties Trust's revenue up 5.3% year over year as normalized FFO falls.
In brief
Medical Properties Trust's revenue up 5.3% year over year as normalized FFO falls. Medical Properties Trust Inc. reported third-quarter revenue of $250.14 million, up 5.3% year over year, with normalized funds from operations declining to $0.11 per share. Originally reported by TokenPost.
Medical Properties Trust Revenue
Medical Properties Trust Inc. posted third-quarter revenue of $250.14 million, up 5.3% year over year.
Normalized FFO Declines
Normalized funds from operations fell to $0.11 per share, down from $0.13 per share in the same period.
Net Income and Sales Impact
Net income reached $202.08 million, including a $157.77 million gain from real estate sales and a $69.52 million debt-refinancing benefit.
What to remember
Medical Properties Trust Inc. reported third-quarter revenue of $250.14 million, up 5.3% year over year, with normalized funds from operations declining to $0.11 per share.
