Global Medical REIT Reports Q3 2025 Financial Results

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2025.11.06 04:49
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Global Medical REIT Inc (GMRE) reported its Q3 2025 financial results, showing a net loss of $6.0 million due to a $6.3 million impairment charge. However, the company experienced a 4% year-over-year increase in Funds from Operations (FFO) and Adjusted Funds from Operations (AFFO), with FFO at $14.5 million and AFFO at $16.2 million. Rental revenue rose by 8.4% to $37.0 million. The company also executed a one-for-five reverse stock split and initiated a $50 million share repurchase program, while maintaining an AFFO guidance of $4.50 to $4.60 per share for 2025.