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Omega Healthcare (NYSE:OHI) Concludes FY24 with 68% Surge in Net Income, Maintains Positive Outlook for 2025

Sat 29 Mar 25, 01:11 PM | Team Kalkine

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Highlights

Omega Healthcare Investors, Inc. (NYSE:OHI) is a real estate investment trust (REIT)and it operates through a single segment, which invests in healthcare-related real estate properties located in the US and the UK.

In the financial year 2024 (FY24), the company saw a notable increase in total revenue to USD 1,051.4 million from USD 7.3 million in FY23, reflecting a growth of 10.7%. This surge in revenue was primarily driven by the successful completion of new investments throughout 2023 and 2024. Additionally, the timing and impact of operator restructurings and transitions played a key role in bolstering revenue.

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