earnings
confidence high
sentiment negative
materiality 0.75
ASIC Q1 revenue down 21% to $12.3M; net loss widens to $8.6M
American Strategic Investment Co.
2025-Q1 EPS reported
-$3.39
- Revenue $12.3M vs $15.5M Q1 2024; decline from 9 Times Square sale.
- Net loss attributable to common stockholders $8.6M vs $7.6M prior year.
- Adjusted EBITDA negative $(0.8)M vs positive $2.9M year-over-year.
- Occupancy improved 120 bps to 82.0%; weighted-average lease term 5.4 years.
- Net debt $342.9M, 57.9% of gross asset value; 4.4% weighted avg interest.