First Quarter Revenues Up 9%, with Contribution From All Three Segments
Adjusted EBITDA Growth of 7%, Normalizing for the $22 Million Land Sale Gain in 2023
Operating Cash Flow of $81 Million,.
Broadstone Net Lease, Inc. , today announced its operating results for the quarter ended March 31, 2024.
MANAGEMENT COMMENTARY
“Adding to the positive momentum discussed in our April 3 press.
- First Quarter Net Income per Share of $0.28 and AFFO per Share of $0.42 -
- Closed Investments of $248.8 million at an 8.1% Weighted Average Cash Cap Rate -
- Updates 2024 AFFO Guidance to $1.72 to.
Broadstone Net Lease, Inc. , today announced its operating results for the quarter ended September 30, 2023.
THIRD QUARTER 2023 HIGHLIGHTS
INVESTMENT ACTIVITY
During the third quarter,.
- Third Quarter Net Income per Share of $0.29 and AFFO per Share of $0.42 -
- Closed Investments of $213.3 million at a 7.6% Weighted Average Cash Cap Rate -
- Issues 2024 AFFO Guidance of $1.71.