CUBE Q2 2018 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

Q2 2018 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$148M+6.7% YoY

Gross Profit

$98M66.5% margin

Operating Income

$55M37.1% margin

Net Income

$38M26.0% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

+3.5%

Cash Flow

Operating Cash Flow

$90M

Free Cash Flow

$90M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$3.6B

Total Liabilities

$1.8B

Stockholders' Equity

$1.7B

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$148M	$139M	+6.7%
Gross Profit	$98M	$94M	+4.9%
Operating Income	$55M	$48M	+15.5%
Net Income	$38M	$32M	+18.3%