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home / news releases / NYC - American Strategic Investment FFO of -$1.75 misses by $0.11 revenue of $15.8M misses by $0.33M

NYC - American Strategic Investment FFO of -$1.75 misses by $0.11 revenue of $15.8M misses by $0.33M

New York City REIT Inc. Class A

2023-08-11 06:05:40 ET

  • American Strategic Investment press release ( NYSE: NYC ): Q2 FFO of -$1.75 misses by $0.11 .
  • Revenue of $15.8M (-2.5% Y/Y) misses by $0.33M .
  • Cash net operating income grew 7.7% to $7.5 million from $6.9 million in the second quarter 2022.
  • Adjusted EBITDA grew over 200% to $3.0 million compared to $0.9 million in the second quarter 2022.
  • Core Funds from Operations was negative $1.7 million compared to negative $1.7 million in the second quarter 2022.

For further details see:

American Strategic Investment FFO of -$1.75 misses by $0.11, revenue of $15.8M misses by $0.33M
Stock Information
Company Name: New York City REIT Inc. Class A
Stock Symbol: NYC
Market: NYSE
Website: newyorkcityreit.com
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