VRE FY 2020 Earnings — Veris Residential, Inc. Revenue & Financial Results | Market Cap Arena

VREVeris Residential, Inc.

$2B

FY 2020 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$314M-11.9% YoY

Gross Profit

$172M54.9% margin

Operating Income

-$24M-7.5% margin

Net Income

-$55M-17.6% margin

EPS (Diluted)

$-1.57

Cash Flow

Operating Cash Flow

$85M

Free Cash Flow

-$70M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$5.1B

Total Liabilities

$3.0B

Stockholders' Equity

$1.4B

Cash & Equivalents

$38M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$314M	$356M	-11.9%
Gross Profit	$172M	$207M	-16.8%
Operating Income	-$24M	$148M	-115.9%
Net Income	-$55M	$112M	-149.5%