The company invested USD 2.6 billion in the quarter, of which its pro-rata share was USD 2.2 billion at an initial weighted average cash yield of 6.8%. Real estate acquisitions totaled USD 2,159.7 million across 119 properties, including USD 780.1 million of U.S. wholly-ownedAssetsand …
Net interest expense, excluding interest on securitized bonds, rose USD 1.6 million, reflecting interest on a USD 250 million 13-month termLoanthat matured in September and the new senior notes. Capital expenditures and asset removal costs were USD 229.0 million versus USD 207.6 million, mainly …
Non-GAAPEarnings Per Sharewere USD 0.90, which the chief financial officer said grew four times faster than revenue year over year. Management described stronger demand, improved mix and disciplined execution as driving operating leverage, with earnings growth significantly outpacing revenue growth.
GAAPNet Incomewas USD 27.5 million, compared with USD 17.7 million, and dilutedGAAPEarnings Per Sharewere USD 0.21 versus USD 0.14. Non-GAAP net income was USD 33.1 million versus USD 22.6 million, and diluted non-GAAP earnings per share were USD 0.25 versus USD 0.17. Non-GAAP figures …
Adjusted EBITDA was USD 37.9 million versus USD 20.1 million, and adjusted net income was USD 23.3 million versus USD 9.5 million, equal to adjustedDiluted Earnings per Shareof USD 0.98 versus USD 0.40, up 145%.
GAAP income from operations was USD 1.085 billion, a 47% margin, and adjusted income from operations was USD 1.427 billion, a 62% margin.GAAPNet Incomeattributable to common stockholders was USD 1.128 billion, a 49% margin, and GAAP and adjustedDiluted Earnings per Sharewere both USD 0.44. …
Total operating costs and expenses were USD 433.9 million versus USD 474.4 million, so the operating loss narrowed to USD 3.0 million from USD 27.2 million. By our calculation, costs fell 8.5% against revenue down 3.6%, which accounts for the improvement. Selling and marketing …
Non-operating items included an unrealized gain of USD 19.2 million on shares of a held investment, an unrealized loss of USD 3.5 million on shares of its own affiliated vehicle, and interest expense of USD 3.9 million. The net loss was USD 18.4 million, …
Net income was USD 26 million, or USD 0.02 per diluted share, compared with USD 170 million in the second quarter and a net loss of USD 1,923 million, or USD 2.00 per share, a year earlier. Adjusted EBITDA was USD 313 million versus …
Total cost of revenue rose to USD 853.5 million from USD 685.7 million. PlatformGross Profitwas USD 697.1 million versus USD 547.8 million, a platform grossMarginof 53.3% versus 51.5% by our calculation. Within it, advertising gross profit was USD 459.4 million versus USD 345.5 million, …