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VRE FY 2022 Earnings — Veris Residential, Inc. Revenue & Financial Results | Market Cap Arena
VRE
Veris Residential, Inc.
$2B
FY 2022 Earnings
Real Estate
REIT - Residential
Income Statement
Revenue
$213M
+9.6% YoY
Gross Profit
$115M
53.7% margin
Operating Income
-$19M
-9.0% margin
Net Income
-$52M
-24.4% margin
EPS (Diluted)
$-0.63
Cash Flow
Operating Cash Flow
$66M
Free Cash Flow
-$116M
Stock-Based Comp.
$14M
Balance Sheet
Total Assets
$3.9B
Total Liabilities
$2.0B
Stockholders' Equity
$1.2B
Cash & Equivalents
$27M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$213M
$195M
+9.6%
Gross Profit
$115M
$99M
+15.5%
Operating Income
-$19M
-$26M
+26.8%
Net Income
-$52M
-$119M
+56.3%
← Q4 2021
All Quarters
Q1 2022 →