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Income Statement (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 358M | 16.5% |
| Gross Profit | 343M | 19.4% |
| Cost of Revenue | 15M | 26.1% |
| Operating expense | 310M | 1.5% |
| Net Income | -98M | 13.5% |
| EBITDA | 59M | 6.7% |
Balance Sheet (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 5.33B | 0.3% |
| Total Liabilities | 3.18B | 2.7% |
| Total Equity | 2.15B | 4.4% |
| Shares Outstanding | 241M | 0.1% |
Cash Flow (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | 44M | 54.9% |
| Cash from investing | -37M | 37.4% |
| Cash from financing | 54M | 736.4% |
EPS
Financial Highlights for Diversified Healthcare Trust in Q2 '24
Diversified Healthcare Trust reported a revenue of 358M, which is a 16.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 343M, marking a 19.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 15M, a -26.1% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 310M, showing a -1.5% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -98M, showing a -13.5% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 59M, showing a 6.7% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Diversified Healthcare Trust faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.
