secwatch.observer — SEC 8-K summary
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Issuer:     Global Self Storage, Inc. (SELF)
CIK:        0001031235
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0000950170-23-062925
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Self Storage Q3 net income falls 71% to $271k; FFO down 21.7%
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- Total revenues flat at $3.1M (+0.1% YoY); net income $271k ($0.02/diluted) vs $930k ($0.08) in Q3 2022.
- FFO decreased 21.7% to $1.1M ($0.10/diluted); AFFO down 20.5% to $1.1M ($0.10/diluted).
- Same-store revenue +0.2% to $3.1M; same-store NOI -7.1% to $1.9M; occupancy 89.8% at Sep 30.
- Operating expenses +14.2% to $2.3M; operating income -25.1% to $829k.
- Dividend maintained at $0.0725/quarter; capital resources $24.1M incl $15M credit line.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1031235/000095017023062925/0000950170-23-062925-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1031235/000095017023062925/self-20231113.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-062925

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