earnings
confidence high
sentiment neutral
materiality 0.65
ASIC posts Q2 net loss of $41.7M, improves from $91.9M; revenue declines to $12.2M
American Strategic Investment Co.
2025-Q2 EPS reported
-$19.80
- Net loss attributable to common stockholders $41.7M ($16.39 per share) vs $91.9M ($36.48) in Q2 2024.
- Revenue from tenants $12.2M, down from $15.8M due to prior-year sale of 9 Times Square.
- Cash NOI $4.2M vs $7.4M; Adjusted EBITDA $0.4M vs $4.5M year-over-year.
- Portfolio occupancy flat at 82%; weighted-average lease term extended to 6.0 years from 5.4 years.
- All debt fixed-rate at 6.4% weighted-average interest; net debt to gross asset value 63.6%.
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