/PRNewswire/ VEREIT, Inc. (NYSE: VER) ("VEREIT" or the "Company") announced today its operating results for the three months ending September 30, 2021. The.
/PRNewswire/ VEREIT, Inc. (NYSE: VER) ("VEREIT" or the "Company") announced today its operating results for the three months ending September 30, 2021. The.
VEREIT® Announces Second Quarter 2021 Operating Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
VEREIT® Announces First Quarter 2021 Operating Results
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PHOENIX, May 6, 2021 /PRNewswire/ VEREIT, Inc. (NYSE: VER) ( VEREIT or the Company ) announced today its operating results for the three months ending March 31, 2021.
First Quarter 2021 Financial and Operating Highlights
Net income of $120.7 million and net income per diluted share of $0.50
Achieved $0.80 AFFO per diluted share
Rent collection of 99%
Compared to last quarter, Total debt - as reported decreased from $5.9 billion to $5.6 billion; Adjusted Principal Outstanding decreased from $6.1 billion to $5.8 billion; Net Debt decreased from $5.6 billion to $5.5 billion; and Net Debt to Normalized EBITDA decreased from 5.64x to 5.45x