American Strategic Investment Co. Announces Second Quarter 2024 Results
American Strategic Investment Co. Class A (NYC)
Company Research
Source: Business Wire
Company to Host Investor Webcast and Conference Call Today at 11:00 AM ET NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”), a company that owns a portfolio of commercial real estate located within the five boroughs of New York City, announced today its financial and operating results for the second quarter ended June 30, 2024.Second Quarter 2024 HighlightsRevenue was stable at $15.8 million for the second quarter of 2024 and 2023Net loss attributable to common stockholders was $91.9 million, compared to $10.9 million in the prior year primarily due to a non-cash impairment of $84.7 million related to the pending sale of 9 Times Square in Manhattan, New YorkCash net operating income (“NOI”) was $7.4 million for the second quarter of 2024, compared to $7.5 million for the second quarter of 2023Adjusted EBITDA grew 49% to $4.5 million compared to $3.0 million in the second quarter 2023Portfolio occupancy expanded 80 basis points to 85.
Show less
Read more
Impact Snapshot
Event Time:
NYC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NYC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NYC alerts
High impacting American Strategic Investment Co. Class A news events
Weekly update
A roundup of the hottest topics
NYC
Earnings
- 8/9/24 - Miss
NYC
Sec Filings
- 9/18/24 - Form 4
- 8/9/24 - Form 8-K
- 8/9/24 - Form 10-Q
- NYC's page on the SEC website