Global Net Lease, Inc. Reports Q1 2023 Net Loss of $0.89 Million
Q1 2023 Revenue for Global Net Lease, Inc. Stands at $94.33 Million
By USInMinutes
Published - Aug 03, 2023, 09:32 AM ET
Last Updated - Aug 03, 2023, 09:32 AM EDT
Global Net Lease, Inc.(GNL) has released its consolidated financial statements for the first quarter of 2023, revealing a net loss of $0.89 million. Despite this loss, the company's revenue from tenants during the same period amounted to $94.33 million. Let's take a closer look at the company's financial data and performance for the mentioned quarter.
Net Income/Loss
The consolidated statements of operations show that Global Net Lease, Inc. experienced a net loss of $0.89 million for the three months ended March 31, 2023. This is a significant change compared to the same period in the previous year when the company reported a net income of $10.54 million.
