SITC Q1 2023 Earnings — SITE Centers Corp. Revenue & Financial Results | Market Cap Arena

SITCSITE Centers Corp.

$320M

Q1 2023 Earnings

Real Estate REIT - Retail

Income Statement

Revenue

$139M+3.3% YoY

Gross Profit

$95M68.8% margin

Operating Income

$31M22.2% margin

Net Income

$15M11.0% margin

EPS (Diluted)

$0.24

QoQ Revenue Growth

+0.1%

Cash Flow

Operating Cash Flow

$42M

Free Cash Flow

$14M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.1B

Total Liabilities

$2.0B

Stockholders' Equity

$2.0B

Cash & Equivalents

$25M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$139M	$134M	+3.3%
Gross Profit	$95M	$92M	+3.5%
Operating Income	$31M	$30M	+4.1%
Net Income	$15M	$14M	+9.7%