Alexandria Real Estate Equities, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 687.95 million compared to USD 612.55 million a year ago. Revenue was USD 700.8 million compared to USD 615.07 million a year ago.

Net income was USD 77.86 million compared to net loss of USD 149.57 million a year ago. Basic earnings per share from continuing operations was USD 0.44 compared to basic loss per share from continuing operations of USD 0.96 a year ago. Diluted earnings per share from continuing operations was USD 0.44 compared to diluted loss per share from continuing operations of USD 0.96 a year ago.