KING OF PRUSSIA, Pa. (AP) _ Universal Health Realty Income Trust (UHT) on Monday reported a key measure of profitability in its second quarter.
The King Of Prussia, Pennsylvania-based real estate investment trust said it had funds from operations of $12.2 million, or 88 cents per share, in the period.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of $5.2 million, or 38 cents per share.
The real estate investment trust, based in King Of Prussia, Pennsylvania, posted revenue of $22.2 million in the period.
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