Silver Bay Realty Trust (SBY) Tops Q4 FFO by 1c

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

February 24, 2016 4:20 PM EST

Recorded 54% Year-Over-Year Increase in Fourth Quarter Core Funds from Operations to $0.20 per Share

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 December 31, 2015.

Highlights

Total revenue of $30.6 million for the fourth quarter of 2015, an increase of 48% compared to the fourth quarter of 2014 Net operating income of $17.8 million for the fourth quarter of 2015, an increase of 64% compared to the fourth quarter of 2014 Core Funds... More