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Stock impact report

Plymouth Industrial REIT Reports Fourth Quarter Results

Plymouth Industrial REIT, Inc. (PLYM) 
NASDAQ:AMEX Investor Relations: ir.plymouthreit.com
Company Research Source: GlobeNewswire
BOSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced its financial results for the fourth quarter and year ended December 31, 2023 and other recent developments. Fourth Quarter, Full Year 2023 and Subsequent Highlights Reported results for the fourth quarter of 2023 reflect net income attributable to common stockholders of $0.20 per weighted average common share; Core Funds from Operations attributable to common stockholders and unit holders (“Core FFO”) of $0.47 per weighted average common share and units; and Adjusted FFO (“AFFO”) of $0.48 per weighted average common share and units. Reported results for the full year 2023 reflect net income attributable to common stockholders of $0.20 per weighted average common share; Core FFO of $1.84 per weighted average common share and units; and AFFO of $1.73 per weighted average common share and units.Same store NOI (“SS NOI”) increased 6.6% on a GAAP basis excluding early Show less Read more
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