SITC Q1 2024 Earnings — SITE Centers Corp. Revenue & Financial Results | Market Cap Arena

SITCSITE Centers Corp.

$320M

Q1 2024 Earnings

Real Estate REIT - Retail

Income Statement

Revenue

$94M-32.2% YoY

Gross Profit

$65M69.4% margin

Operating Income

$18M18.9% margin

Net Income

-$24M-25.0% margin

EPS (Diluted)

$-0.51

QoQ Revenue Growth

-24.6%

Cash Flow

Operating Cash Flow

$40M

Free Cash Flow

$40M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$1.8B

Stockholders' Equity

$2.1B

Cash & Equivalents

$551M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$94M	$139M	-32.2%
Gross Profit	$65M	$95M	-31.6%
Operating Income	$18M	$31M	-42.2%
Net Income	-$24M	$15M	-254.1%