Sonida Q2 net loss $24.5M; same-store NOI up 16.9%, occupancy 87.8%

SONIDA SENIOR LIVING, INC.

Net loss attributable to common shareholders of $24.5M, or $(0.52)/share; normalized FFO of $23.7M, or $0.48/share.
Adjusted EBITDA of $50.0M, up 30.0% vs Q2 2025 pro forma; same-store NOI of $51.5M, up 16.9% YoY.
Same-store occupancy 87.8% (+240 bps YoY); RevPOR $5,372, up 4.9%.
Aug 7: new $380M Ally term loan, drew $372.5M; repaid $122M term loan, $170M bridge debt, $70M revolver.
ATM program: sold 671,732 shares at $41.05 avg for $27.3M net proceeds; cash $48.7M at June 30.

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