Storagevault Canada (TSE:SVI) has released an update.
Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
StorageVault Canada Inc. has announced a positive first quarter for 2024 with revenue growth to $71.4 million and a 5.2% increase in same store net operating income. The company also reported a 6.6% rise in adjusted funds from operations per share and is bolstering shareholder returns with a 0.5% dividend increase. Despite a net loss impacted by non-cash items, the firm showcased financial strength via acquisitions and a disciplined asset purchasing strategy.
For further insights into TSE:SVI stock, check out TipRanks’ Stock Analysis page.