Medical Properties Trust Swings To Profit In Q4; Shares Up 3.5%
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Medical Properties Trust, Inc. (MPT) reported a net income of $17.31 million or $0.03 per share for Q4, a significant turnaround from a net loss of $412.85 million or $0.69 per share in the same quarter last year. Funds from operations (FFO) were $0.19 per share, up from negative $0.06 per share last year. Total revenues rose to $270.34 million from $231.84 million. MPT shares increased by 3.5% to $5.56 in pre-market trading.
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