Published on 3 Nov 2023 on GuruFocus.com via Yahoo Finance
Omega Healthcare Investors Inc (OHI) Reports Q3 2023 Earnings and Recent Developments
Omega Healthcare Investors Inc (NYSE:OHI) completed $106 million in new investments in Q3Strengthened balance sheet with a $429 million term loan in Q3Revenues for Q3 2023 totaled $242.0 million, an increase of $2.6 million over the same period in 2022Net income for Q3 2023 totaled $93.9 million, a decrease of $11.2 million over the same period in 2022
Warning! GuruFocus has detected 8 Warning Signs with OHI.
Omega Healthcare Investors Inc (NYSE:OHI) released its earnings report for the quarter ended September 30, 2023, on November 2, 2023. The company reported a revenue increase of $2.6 million compared to the same period in 2022, totaling $242.0 million. However, net income decreased by $11.2 million, totaling $93.9 million.