CUBE Q2 2017 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

Q2 2017 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$139M+9.5% YoY

Gross Profit

$94M67.7% margin

Operating Income

$48M34.3% margin

Net Income

$32M23.4% margin

EPS (Diluted)

$0.18

QoQ Revenue Growth

+4.2%

Cash Flow

Operating Cash Flow

$79M

Free Cash Flow

$79M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$1.8B

Stockholders' Equity

$1.6B

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$139M	$127M	+9.5%
Gross Profit	$94M	$85M	+10.4%
Operating Income	$48M	$33M	+44.0%
Net Income	$32M	$19M	+71.5%