Alexandria Real Estate Equities, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 742.64 million compared to USD 665.67 million a year ago. Revenue was USD 757.22 million compared to USD 670.28 million a year ago. Net loss was USD 88.43 million compared to net income of USD 54.32 million a year ago. Basic loss per share from continuing operations was USD 0.54 compared to basic earnings per share from continuing operations of USD 0.31 a year ago. Diluted loss per share from continuing operations was USD 0.54 compared to diluted earnings per share from continuing operations of USD 0.31 a year ago.

For the full year, the company reported sales was USD 2,842.46 million compared to USD 2,576.04 million a year ago. Revenue was USD 2,885.7 million compared to USD 2,588.96 million a year ago. Net income was USD 103.64 million compared to USD 521.66 million a year ago. Basic earnings per share from continuing operations was USD 0.54 compared to USD 3.18 a year ago. Diluted earnings per share from continuing operations was USD 0.54 compared to USD 3.18 a year ago.