VRE Q4 2017 Earnings — Veris Residential, Inc. Revenue & Financial Results | Market Cap Arena

VREVeris Residential, Inc.

$2B

Q4 2017 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$144M-6.6% YoY

Gross Profit

$85M58.9% margin

Operating Income

$23M16.3% margin

Net Income

$3M1.8% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

-10.3%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

-$131M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$5.0B

Total Liabilities

$3.1B

Stockholders' Equity

$1.5B

Cash & Equivalents

$28M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$144M	$154M	-6.6%
Gross Profit	$85M	$87M	-3.0%
Operating Income	$23M	$22M	+5.8%
Net Income	$3M	$15M	-83.0%

Revenue Segments

Real Estate Commercial And Other Segment

$114M90%

Corporate And Other

$12M10%