BrightSpire Capital Q2 2023 GAAP net loss $7.5M; Distributable Earnings $21.1M

BrightSpire Capital, Inc.

2023-Q2 EPS reported -$0.09 revenue$209,592,000

GAAP net loss attributable to common stockholders of $7.5M ($0.06 per share) for Q2 2023.
Distributable Earnings of $21.1M ($0.16/share); Adjusted Distributable Earnings of $32.0M ($0.25/share).
GAAP net book value $10.16 per share; undepreciated book value $11.53 per share as of June 30, 2023.
CEO Michael J. Mazzei says focus on asset/liability management and maintaining ample liquidity.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

BrightSpire Capital, Inc. reported the second quarter ended June 30, 2023 results: net income ($7.5) million, or ($0.06) per share, EPS ($0.06) per share.

Period: the second quarter ended June 30, 2023
Net income: ($7.5) million, or ($0.06) per share
EPS: ($0.06) per share
Result: reported results

Exact text from the filing

The Company reported second quarter 2023 GAAP net loss attributable to common stockholders of ($7.5) million, or ($0.06) per share, Distributable Earnings of $21.1 million, or $0.16 per share, and Adjusted Distributable Earnings of $32.0 million, or $0.25 per share.

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Source: SEC EDGAR

accession 0001717547-23-000083

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