Modiv (MDV) Misses Q3 EPS by 72c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/27/2026

1. ORCL
2. AVGO
3. CDNS
4. SPY
5. ANT
6. META
7. BA
8. INTC
9. JBLU
10. AAPL

Go back to Modiv (MDV) Misses Q3 EPS by 72c

Modiv Industrial Announces Third Quarter 2023 Results

November 13, 2023 7:00 AM EST

Management Provides Forward-Looking Thoughts

RENO, Nev.--(BUSINESS WIRE)-- Modiv Industrial, Inc. (Modiv Industrial, Modiv, the Company, we or our), (NYSE: MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate, today announced operating results for the third quarter ended September 30, 2023.

Key Financial Highlights:

21% year-over-year increase in revenue generating $12.5 million compared with $10.3 million in the year-ago quarter. 19% year-over-year increase in AFFO netting $3.7 million compared with $3.1 million in the year-ago quarter. $10 million reduction in leverage and a 14% reduction in net debt to... More