National Storage Affiliates Trust [NSA-PA] reports annual net loss of $237.0 million
Company Reports Revenue of $858.1 million
National Storage Affiliates Trust [NSA-PA] has reported a net loss of $237.0 million for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $858.1 million
Based in GREENWOOD VILLAGE, Colorado, National Storage Affiliates Trust operates in the FINANCE sector.
In the report for the period ended December 31, 2023, National Storage Affiliates Trust reported total revenue of $858.1 million, an increase from $801.6 million in the previous year. This increase was primarily driven by higher rental revenue, which amounted to $794.0 million compared to $748.8 million in the prior period.
Operating expenses for the current period totaled $521.4 million, slightly higher than the $512.0 million reported in the same period last year. This increase was mainly due to higher depreciation and amortization costs.