---
schema_version: "secwatch.filing_event.v1"
accession: "0001798100-23-000046"
form_type: "8-K"
ticker: "NTST"
cik: "0001798100"
company_name: "NETSTREIT Corp."
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T13:28:07.066923+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NETSTREIT Q1 AFFO $0.30/share, net investment $112.7M, maintains 2023 guidance

## Summary
- Net income $0.03 per share (vs $0.04 Q1 2022); AFFO $0.30 per share (vs $0.29).
- Completed $112.7M net investment activity at 7.7% blended cash yield; portfolio 100% occupied.
- Maintains 2023 AFFO guidance $1.17-$1.23 per share; net investment target at least $400M.
- Declared Q2 dividend $0.20/share, payable June 15 to holders of record June 1.
- Appointed Daniel Donlan as CFO, effective with Q1 results.

## SEC filing metadata
- accession: 0001798100-23-000046
- form_type: 8-K
- ticker: NTST
- cik: 0001798100
- company_name: NETSTREIT Corp.
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1798100/000179810023000046/0001798100-23-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1798100/000179810023000046/ntst-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001798100-23-000046
- JSON: https://secwatch.observer/filing/0001798100-23-000046.json
- Plain text: https://secwatch.observer/filing/0001798100-23-000046.txt

## Key facts
- Earnings Releases
  NETSTREIT Corp. reported the first quarter ended March 31, 2023 results: net income $0.03 per diluted share, EPS $0.03 per diluted share. Guidance reaffirmed.
  - Period: the first quarter ended March 31, 2023
  - Net income: $0.03 per diluted share
  - EPS: $0.03 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: NETSTREIT REPORTS FIRST QUARTER 2023 FINANCIAL AND OPERATING RESULTS – Net Income of $0.03 and Adjusted Funds from Operations (“AFFO”) 1 of $0.30 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1798100/000179810023000046/0001798100-23-000046-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.