BOSTON (AP) — BOSTON (AP) — Plymouth Industrial REIT, Inc. (PLYM) on Monday reported a key measure of profitability in its third quarter.
The Boston-based real estate investment trust said it had funds from operations of $21.1 million, or 48 cents per share, in the period.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had a loss of $54.5 million, or $1.23 per share.
Plymouth Industrial, based in Boston, posted revenue of $51.2 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLYM at https://www.zacks.com/ap/PLYM
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