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NYC - New York City REIT FFO of -$1.30 beats by $0.62 revenue of $16.2M beats by $0.03M
New York City REIT Inc. Class A
2023-03-16 06:28:01 ET
New York City REIT press release ( NYSE: NYC ): Q4 FFO of -$1.30 beats by $0.62 .
Core FFO was negative $0.2 million, or negative $0.11 per share compared to negative $1.9 million or $1.12 per share in the third quarter 2022 and $7.1 million or $4.26 per share in fourth quarter 2021.
Revenue of $16.2M (-33.1% Y/Y) beats by $0.03M .
Adjusted EBITDA of $4.5M.
Collected 100% of cash rent due in fourth quarter 2022 1 , up from 96% in the fourth quarter 2021.