CUBE Q1 2017 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

Q1 2017 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$133M+11.9% YoY

Gross Profit

$88M66.3% margin

Operating Income

$40M30.4% margin

Net Income

$25M18.8% margin

EPS (Diluted)

$0.14

QoQ Revenue Growth

+0.4%

Cash Flow

Operating Cash Flow

$68M

Free Cash Flow

$68M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$1.8B

Stockholders' Equity

$1.6B

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$133M	$119M	+11.9%
Gross Profit	$88M	$79M	+12.1%
Operating Income	$40M	$29M	+40.6%
Net Income	$25M	$14M	+75.4%