Cedar Realty Trust Q2 FY26 revenue falls 11.8% to $6.58 million; swings to net income of $115,000
Reuters2026/08/06 20:58Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Cedar Realty Trust posted Q2 net income of USD 115,000, swinging from a net loss a year earlier as revenue fell 11.8% to USD 6.58 million.
- Net operating income slipped to USD 4.57 million from USD 4.93 million, while property operating expenses declined 20.5% to USD 2.01 million.
- Operating income rose to USD 2.26 million from USD 2.11 million, helped by a 36.6% drop in corporate GA to USD 528,000.
- Same-property NOI decreased 6.1% to USD 4.33 million; end-of-period occupancy improved 2 percentage points to 92.1%.
- Cash, cash equivalents and restricted cash totaled USD 17.5 million at June 30, 2026; no scheduled debt maturities through June 30, 2027, except Timpany Plaza principal payments.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cedar Realty Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000761648-26-000022), on August 06, 2026, and is solely responsible for the information contained therein.
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