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Stock impact report

Global Self Storage Reports Full Year 2023 Results [Yahoo! Finance]

Global Self Storage, Inc. (SELF) 
NASDAQ:AMEX Investor Relations: ir.globalselfstorage.us
Company Research Source: Yahoo! Finance
MILLBROOK, NY / ACCESSWIRE / March 26, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, reported results for the fourth quarter and full year ended December 31, 2023. All comparisons are to the same year-ago period unless otherwise noted. Q4 2023 Highlights Total revenues decreased 2.7% to $3.0 million. Net income increased to $1.1 million or $0.10 per diluted share from $440,000 or $0.04 per basic and diluted share. Funds from operations (FFO) decreased 13.0% to $0.9 million or $0.08 per diluted share (see definition of this and other non-GAAP measures and their reconciliation to GAAP, below). Adjusted FFO (AFFO), a non-GAAP term, decreased 9.1% to $1.0 million or $0.09 per diluted share. Same-store revenues decreased 2.5% to $3.0 million. Same-store net operating income (NOI), a non-GAAP term, decreased 7.1% to $1.8 million. Same-store occupancy at December Show less Read more
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