FX.co ★ SL Green Realty Q3 Loss Narrows

SL Green Realty Corp. (SLG) announced on Wednesday that its third-quarter financial results show a net loss of $13.3 million, equating to a loss of $0.21 per share. This represents an improvement from the net loss of $24.0 million, or $0.38 per share, reported for the corresponding quarter in 2023.

The company revealed its funds from operations (FFO) for the quarter stood at $78.6 million, or $1.13 per share. This is a decrease from the FFO of $87.7 million, or $1.27 per share, recorded during the same period last year.

In terms of revenue, SL Green Realty Corp. achieved total revenues of $229.69 million for the quarter, up from $210.19 million in the previous year.