Extra Space files Life Storage Q2 2023 financials and pro forma combined data post-merger

Extra Space Storage Inc.

Life Storage Q2 2023 total revenue $277.6M (+8% YoY); net income $80.8M (-12% YoY); diluted EPS $0.94 vs $1.09.
Dividends declared $1.20/share quarterly, up 20% from $1.00 in Q2 2022.
As of June 30, 2023, Life Storage had $7.39B total assets, $654M drawn on credit line, $2.75B term notes.
Extra Space pro forma combined financials for six months ended June 30, 2023 and year ended Dec. 31, 2022 filed.
Merger completed July 20, 2023; Life Storage's credit facility repaid and terminated on that date.

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