CMCT News and Press, Creative Media & Community Trust Corporation From 08/09/22

CIM Commercial Trust press release ( NASDAQ: CMCT ): Q2 FFO of $0.11 misses by $0.05 . Core FFO attributable to common stockholders was $2.7M, or $0.11 per diluted share. Revenue of $26.4M (+16.5% Y/Y) beats by $0.3M . For further details see: CIM Com...

Creative Media & Community Trust Corporation (NASDAQ: CMCT and TASE: CMCT-L) (“we”, “our”, “CMCT”, or the “Company”), today reported operating results for the three and six months ended June 30, 2022. Second Quarter 2022 ...

Creative Media & Community Trust (NASDAQ: CMCT; TASE: CMCT-L) (“CMCT”) announced today that it will issue a press release announcing its second quarter 2022 earnings results on Tuesday, August 9, 2022. A conference call is scheduled for 12:00 p.m. Eastern Time that...

The 'Return to the Office' is here - but it's underwhelming. Despite 80% of employees currently in post-pandemic work arrangements, office utilization rates have remained 40-60% below pre-pandemic levels. Office leasing activity has remained surprisingly resilient at just 10% below pr...

CIM Commercial Trust (NASDAQ:CMCT) declares $0.085/share quarterly dividend, in line with previous. Forward yield 0.5% Payable July 5; for shareholders of record June 20; ex-div June 17. See CMCT Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: CIM Commer...

CMCT (NASDAQ: CMCT and TASE: CMCT-L) announced today that its Board of Directors has declared a quarterly cash dividend of $0.085 per share of common stock. The dividend will be paid on July 5, 2022 to stockholders of record at the close of business on June 20, 2022. In addition, th...

Creative Media & Community Trust (NASDAQ:CMCT) authorized a repurchase program of up to $10M of the company’s common stock. The repurchase program has no termination date and may be suspended or discontinued at any time. “We also believe there is an opportunity to create add...

Creative Media & Community Trust Corporation (NASDAQ: CMCT) (TASE: CMCT-L) (“CMCT”) today announced that its Board of Directors authorized a repurchase program of up to $10 million of the Company’s common stock. “CMCT’s financial performance co...

Creative Media & Community Trust Corporation (CMCT) Q1 2022 Earnings Conference Call May 11, 2022 11:00 AM ET Company Participants Steve Altebrando - Shareholder Relations David Thompson - Chief Executive Officer Shaul Kuba - Co-Founder, CIM Group Nathan DeBacker - Chief Financial Officer...

CIM Commercial Trust press release (NASDAQ:CMCT): Q1 FFO of $0.09 misses by $0.03. Revenue of $24.79M (+31.3% Y/Y) misses by $0.03M. Q1 GAAP EPS of -$0.12 For further details see: CIM Commercial Trust FFO of $0.09 misses by $0.03, revenue of $24.79M misses by $0.03M