Wheeler REIT (WHLR) Reports In-Line Q1 EPS

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Go back to Wheeler REIT (WHLR) Reports In-Line Q1 EPS

Wheeler Real Estate Investment Trust, Inc. Announces 2015 First Quarter Financial Results

May 12, 2015 4:45 PM EDT

Reconciliation of non-GAAP financial measures, including FFO, Core FFO, Property NOI and EBITDA are included in the accompanying financial tables.

VIRGINIA BEACH, Va.--(BUSINESS WIRE)-- Wheeler Real Estate Investment Trust, Inc. (NASDAQ: WHLR) (Wheeler or the Company) today reported operating and financial results for its first quarter ended March 31, 2015.

2015 First Quarter Highlights (all comparisons to the same prior year period unless otherwise noted)

Total revenue increased 57.0% to $5.8 million. Property Net Operating Income (NOI) increased by 38.6% or $1.1 million.... More