City Office REIT(CIO)
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City Office REIT (CIO) Q3 FFO Miss Estimates
ZACKS· 2024-10-31 12:11
City Office REIT (CIO) came out with quarterly funds from operations (FFO) of $0.27 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to FFO of $0.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -3.57%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.30 per share when it actually produced FFO of $0.28, delivering a surprise of -6.67%.Over the last four qu ...
City Office REIT(CIO) - 2024 Q3 - Quarterly Report
2024-10-31 10:16
Table of Contents Title of Each Class Trading Symbol(s) Name of each Exchange on Which Registered Common Stock, $0.01 par value "CIO" New York Stock Exchange 6.625% Series A Cumulative Redeemable Preferred Stock, $0.01 par value per share "CIO.PrA" New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ T ...
City Office REIT(CIO) - 2024 Q3 - Quarterly Results
2024-10-31 10:10
Exhibit 99.1 City Office REIT Reports Third Quarter 2024 Results VANCOUVER—October 31, 2024 —City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended September 30, 2024. Third Quarter Highlights • Rental and other revenues were $42.4 million. GAAP net loss attributable to common stockholders was approximately $4.5 million, or ($0.11) per fully diluted share; • Core FFO was approximately $11.1 million, or $0.27 per fully diluted share; ...
VERSABANK RECOGNIZED FOR CONTINUING LEADERSHIP IN BANKING TECHNOLOGY
Prnewswire· 2024-09-26 11:00
– Bank Named CIO Awards Canada Winner by IDC and CIO – LONDON, ON, Sept. 26, 2024 /PRNewswire/ - VersaBank has been named a CIO Awards Canada winner by IDC Canada and CIO. VersaBank CIO, Wooi Koay received the award at a CIO Awards Canada gala dinner hosted at The National Club in Toronto on September 25, 2024. CIO Awards Canada recognized VersaBank for its Capital Adequacy Requirement (CAR) project. Canada's banking regulator requires banks to set aside capital amounts for different loan types – known as c ...
What's stalling China's stock market recovery, according to KraneShares' CIO
CNBC· 2024-08-31 15:00
China's slow post-Covid recovery could be a lasting headwind for its stock market. With the mainland's two largest indexes — the Shanghai Composite and the Shenzhen Composite — each negative so far in 2024, KraneShares Chief Investment Officer Brendan Ahern thinks government stimulus is necessary to kick-start the country's stock market performance. "Investors, particularly in mainland China … [are] looking for much, much stronger fiscal support from the government," he told CNBC's "ETF Edge" this week. "Th ...
Franklin Resources Stock Sinks as SEC Investigates Co-CIO of $2B Unit
Investopedia· 2024-08-21 19:26
Key Takeaways Ken Leech, the co-CIO of a Franklin Resources unit, took a leave of absence after receiving a Wells Notice from the Securities and Exchange Commission (SEC). The departure came as the company and federal regulators have been investigating certain past trade allocations in some Western Asset Management accounts. Western Asset said in light of Leech's exit, it has closed its Macro Opportunities fund in what it called the "best interests" of clients. Franklin Resources (BEN) was the worst-perform ...
City Office REIT(CIO) - 2024 Q2 - Earnings Call Transcript
2024-08-01 20:33
City Office REIT, Inc. (NYSE:CIO) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Tony Maretic - Chief Financial Officer, Secretary & Treasurer Jamie Farrar - Chief Executive Officer & Director Conference Call Participants Rob Stevenson - Janney Upal Rana - KeyBanc Capital Markets Operator Good morning, and welcome to the City Office REIT, Inc. Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer ...
City Office REIT(CIO) - 2024 Q2 - Earnings Call Presentation
2024-08-01 18:48
| --- | --- | --- | |-------|-------------------------------------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | I N V E S T O R P R E S E NTATION | | | | A U G U S T 2 0 2 4 | | | | N Y S E: CIO | | FORWARD-LOOKING STATEMENTS This presentation contains both historical and forward-looking statements. All statements, other than statements of historical fact are, or may be deemed to be, forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and S ...
Cellebrite Appoints Renowned Cybersecurity Expert Sigalit Shavit as Chief Information Officer
GlobeNewswire News Room· 2024-08-01 12:30
TYSONS CORNER, Va. and PETAH TIKVA, Israel, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Cellebrite (NASDAQ: CLBT), a global leader in premier Digital Investigative solutions for the public and private sectors, today announced the appointment of Sigalit Shavit as Chief Information Officer (CIO) who begins her role today, August 1, 2024. Shavit joins the Company's Leadership Team, bringing with her more than 30 years of experience to Cellebrite's information technology and security team. In this newly established posit ...
City Office REIT (CIO) Misses Q2 FFO and Revenue Estimates
ZACKS· 2024-08-01 12:10
City Office REIT (CIO) came out with quarterly funds from operations (FFO) of $0.28 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to FFO of $0.35 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of -6.67%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.31 per share when it actually produced FFO of $0.33, delivering a surprise of 6.45%. Over the last four q ...