Earnings Call Summary | Modiv Industrial(MDV.US) Q1 2024 Earnings Conference
Earnings Call Summary | Modiv Industrial(MDV.US) Q1 2024 Earnings Conference
The following is a summary of the Modiv Industrial, Inc. (MDV) Q1 2024 Earnings Call Transcript:
以下是莫迪夫工業公司（MDV）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
Modiv Industrial reported Q1 rental income of $11.9 million, up 15.4% YoY due to the acquisition of 12 industrial manufacturing properties in 2023.
Adjusted funds from operations (AFFO) for Q1 reached $3.3 million, a 6.6% increase YoY.
AFFO per share was $0.29, a slight decrease from the previous year due to an increase in fully-diluted outstanding shares.
Property expenses decreased by $723,000 YoY due to the disposition of properties.
Q1 2024 ended with $18.4 million in cash and cash equivalents, and a total debt of $281 million.
Modiv Industrial公佈的第一季度租金收入爲1190萬美元，同比增長15.4％，這要歸因於2023年收購了12處工業製造物業。
第一季度調整後的運營資金（AFFO）達到330萬美元，同比增長6.6％。
由於全面攤薄後的已發行股票增加，每股AFFO爲0.29美元，較上年略有下降。
由於房產的處置，房地產支出同比減少了723,000美元。
2024年第一季度結束時現金及現金等價物爲1,840萬美元，債務總額爲2.81億美元。
Business Progress:
業務進展：
Modiv Industrial pursued a strategy of property acquisitions and non-core property dispositions in 2023 and the first two months of 2024.
The company's property portfolio comprises 42 properties with a weighted average lease term of 13.9 years.
Approximately 34% of Modiv's tenants hold an investment-grade credit rating from BBB- or better.
The company is exploring strategic partnerships and acquisition opportunities despite the current volatile market conditions.
莫迪夫工業在2023年和2024年前兩個月推行了房地產收購和非核心房地產處置的戰略。
該公司的房地產投資組合包括42處房產，加權平均租賃期爲13.9年。
Modiv約有34％的租戶持有BBB-或更高的投資級信用評級。
儘管當前市場狀況動盪，但該公司仍在探索戰略合作伙伴關係和收購機會。
More details: Modiv Industrial IR
更多詳情： Modiv 工業紅外
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。