CUBE Q1 2018 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

Q1 2018 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$143M+7.4% YoY

Gross Profit

$94M65.9% margin

Operating Income

$50M35.3% margin

Net Income

$34M24.1% margin

EPS (Diluted)

$0.19

QoQ Revenue Growth

-0.4%

Cash Flow

Operating Cash Flow

$66M

Free Cash Flow

$66M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.6B

Total Liabilities

$1.9B

Stockholders' Equity

$1.6B

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$143M	$133M	+7.4%
Gross Profit	$94M	$88M	+6.8%
Operating Income	$50M	$40M	+24.8%
Net Income	$34M	$25M	+37.8%