VEREIT (VER) Reports In-Line Q3 FFO

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Go back to VEREIT (VER) Reports In-Line Q3 FFO

VEREIT™ Announces Third Quarter 2015 Operating Results

November 5, 2015 6:00 AM EST

PHOENIX, Nov. 5, 2015 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER) ("VEREIT" or the "Company") announced today its operating results for the three months ended September 30, 2015 and progress on its business plan.

Third Quarter 2015 Consolidated Financial Results

RevenueConsolidated revenue for the quarter ended September 30, 2015 decreased $72.1 million to $385.0 million as compared to revenue of $457.1 million for the same quarter in 2014.

Net IncomeConsolidated net income for the quarter ended September 30, 2015 increased $296.1 million to $8.1 million as compared to a net loss of $(288.0) million for the same... More