Silver Bay Realty Trust (SBY) Tops Q2 EPS by 3c

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Silver Bay Realty Trust Corp. Reports Second Quarter 2015 Financial Results

August 5, 2015 4:02 PM EDT

Recorded 125% Year-Over-Year Increase in Core Funds from Operations to $0.18 per Share and Achieved Aggregate Occupancy of 95%

NEW YORK--(BUSINESS WIRE)-- Silver Bay Realty Trust Corp. (NYSE: SBY) (the Company or Silver Bay) today announced its financial results for the quarter ended June 30, 2015.

Highlights

Total revenue of $30.2 million for the second quarter of 2015, an increase of 58% compared to the second quarter of 2014 Net operating income of $16.8 million for the second quarter of 2015, an increase of 74% compared to the second quarter of 2014... More