Sila Realty Q2 net income plunges 68% to $3.9M; rental revenue flat at $45M

Sila Realty Trust, Inc.

2023-Q2 EPS reported $0.08 revenue$94,609,000

Net income attributable to common stockholders $3.9M ($0.02 diluted EPS), down 68% from $12.0M a year ago.
Rental revenue $45.0M unchanged YoY; same store cash NOI up 3% to $40.3M.
FFO $29.0M (-3% YoY); Core FFO $31.0M (+1%); AFFO $31.6M (+4%).
Acquired a Class A medical office building in West Palm Beach, FL for $9.9M in June 2023.
Portfolio 99.6% leased; net debt/EBITDAre 3.8x; distribution held at $0.10/share.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Sila Realty Trust, Inc. reported financial results for second quarter ended June 30, 2023.

Period: second quarter ended June 30, 2023
Result: reported results

Exact text from the filing

On August 7, 2023, Sila Realty Trust, Inc. (the "Company") issued an earnings release announcing its financial results for the quarter ended June 30, 2023.

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Sila Realty Trust, Inc. filing history →

Source: SEC EDGAR

accession 0001567925-23-000049

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