NexLiving Communities Inc (TSE:NXLV) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
NexLiving Communities Inc. reported record results for Q3 2024, driven by the acquisition of 991 suites from Devcore, which nearly doubled its portfolio size. This strategic move resulted in a 39% increase in funds from operations, reaching a milestone of $1.2 million for the quarter. The company also reduced leverage and is now better positioned for sustainable growth and long-term shareholder value.
For further insights into TSE:NXLV stock, check out TipRanks’ Stock Analysis page.
