Invesque Inc. Streamlines Portfolio and Operations
Company Announcements

Invesque Inc. Streamlines Portfolio and Operations

Invesque (OTC) (TSE:IVQ) has released an update.

Invesque Inc. has strategically divested $68 million of skilled nursing facilities in Q1 2024, focusing on seniors housing assets and improving its balance sheet. The company also reported a funds from operations (FFO) and adjusted funds from operations (AFFO) of US$0.04 per common share for the quarter, signaling a shift toward streamlining operations. Notably, Tiptree Inc. has sold its stake in the company, and Quinn Haselhorst is set to become the new CFO.

For further insights into TSE:IVQ stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskInvesque Proposes Major Amendments and Share Exchange
TipRanks Canadian Auto-Generated NewsdeskInvesque Enhances Balance Sheet Amid Q2 Challenges
TipRanks Canadian Auto-Generated NewsdeskInvesque Shareholders Back Directors and Auditors
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App