2023-10-23 23:38:30
October 23, 2023 at 10:07 p.m.
Alexandria Real Estate Equities, Inc. reported earnings for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue of $707.53 million, up from $656.85 million USD a year earlier. Revenue was USD 713.79 million, compared to USD 659.85 million the previous year. Net profit amounted to 24.27 million USD, compared to 344.7 million USD the previous year. Basic earnings per share from continuing operations were $0.13, compared to $2.11 a year ago. Diluted earnings per share from continuing operations was $0.13, compared to $2.11 a year ago.
For the nine months, revenue was USD 2,099.82 million, compared to USD 1,910.37 million a year earlier. The turnover amounted to USD 2,128.48 million, compared to USD 1,918.68 million in the previous year. Net profit amounted to 192.07 million USD, compared to 467.34 million USD the previous year. Basic earnings per share from continuing operations were $1.08, compared to $2.88 a year earlier. Diluted earnings per share from continuing operations were $1.08 compared to $2.88 a year earlier.
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