Consolidated Results - For the three-month period ended June 30, 2025, net income was $4.5 million, or $0.32 per diluted share, compared to $5.3 million, or $0.38 per diluted share, in the same period of 2024 [1] - For the six-month period ended June 30, 2025, net income was $9.3 million, or $0.67 per diluted share, down from $10.6 million, or $0.76 per diluted share, in the comparable period of 2024 [4] Income Decrease Analysis - The decrease in net income of $784,000, or $0.06 per diluted share, in Q2 2025 was attributed to: 1. A property tax reduction recorded in Q2 2024 amounting to $563,000, or $0.04 per diluted share [2] 2. An increase in interest expense of $137,000, or $0.01 per diluted share, due to higher average borrowings [2] 3. A net decrease in income from various properties totaling $84,000, or $0.01 per diluted share [2] - For the first six months of 2025, the net income decrease of $1.3 million, or $0.09 per diluted share, was due to: 1. The same property tax reduction of $563,000, or $0.04 per diluted share [5] 2. A decrease in income from various properties of $486,000, or $0.04 per diluted share [5] 3. An increase in interest expense of $259,000, or $0.01 per diluted share [5] Funds from Operations (FFO) - FFO for Q2 2025 was $11.8 million, or $0.85 per diluted share, compared to $12.4 million, or $0.90 per diluted share, in Q2 2024, reflecting a decrease of $591,000, or $0.05 per diluted share [3] - For the first six months of 2025, FFO was $23.7 million, or $1.71 per diluted share, down from $24.8 million, or $1.79 per diluted share, in the same period of 2024 [18] Dividend Information - A dividend of $0.74 per share, totaling $10.3 million, was declared on June 11, 2025, and paid on June 30, 2025 [6] Capital Resources - As of June 30, 2025, the company had $70.2 million of available borrowing capacity under a $425 million credit agreement, which is set to expire on September 30, 2028 [7] General Information - Universal Health Realty Income Trust invests in healthcare-related facilities, including hospitals and medical office buildings, with investments in 76 properties across 21 states [8]
UNIVERSAL HEALTH REALTY INCOME TRUST REPORTS FINANCIAL RESULTS FOR THE THREE AND SIX-MONTH PERIODS ENDED JUNE 30, 2025