Plymouth Industrial REIT Q2 net loss $0.14/share; Core FFO $0.46, acquires $204.7M

Plymouth Industrial REIT, Inc.

2025-Q2 EPS reported -$0.01 revenue$92,775,000

Net loss attributable to common stockholders of $6.2M, or ($0.14) per share, vs net income of $1.2M ($0.03) in Q2 2024.
Core FFO of $0.46/share, AFFO $0.44/share; same-store NOI up 6.7% GAAP and 4.1% cash basis.
Acquired 22 industrial buildings totaling 2.05M sq ft for $204.7M at an initial NOI yield of 6.7%.
Repurchased 805,394 shares at avg $16.26 in Q2; additional 225,829 shares repurchased in Q3 to date.
Issued remaining Series C Preferred Units for $79M net proceeds; full-year Core FFO guidance reaffirmed.

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