Plymouth Industrial REIT (PLYM) Misses Q2 EPS by 1c, Revenues Beat

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Plymouth Industrial REIT Reports Second Quarter Results

August 6, 2020 6:30 AM EDT

BOSTON--(BUSINESS WIRE)-- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the Company) today announced its consolidated financial results for the second quarter ended June 30, 2020 and other recent developments.

Second Quarter and Subsequent Highlights

Reported results for the second quarter of 2020 reflect a net loss attributable to common stockholders of $7.2 million, or $(0.49) per weighted average common share; net operating income (NOI) of $17.1 million; Funds from Operations attributable to common stockholders and unit holders (FFO) of $0.51 per weighted average common share and units; and Adjusted FFO (AFFO) of $0.45 per... More