GMRE - Global Medical REIT FFO of $0.23 in-line revenue of $36.23M misses by $0.34M
2023-05-03 16:43:05 ET
- Global Medical REIT press release ( NYSE: GMRE ): Q1 FFO of $0.23 in-line.
- Revenue of $36.23M (+13.6% Y/Y) misses by $0.34M .
- Increased total revenue 13.7% year-over-year to $36.2 million, primarily driven by the Company’s acquisition activity since the comparable prior year period.
- Increased portfolio leased occupancy from 96.5% at December 31, 2022 to 97.0% at March 31, 2023.
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Global Medical REIT FFO of $0.23 in-line, revenue of $36.23M misses by $0.34M