Lineage reports mixed Q1 results; reaffirms FY25 outlook
- Lineage press release (NASDAQ:LINE): Q1 FFO of $0.86 beats by $0.32.
- Revenue of $1.29B (-3.0% Y/Y) misses by $50M.
- Breakeven GAAP net income, or $0.01 per diluted common share.
- Adjusted EBITDA decreased (7.0)% to $304 million; adjusted EBITDA margin decreased (110)bps to 23.5%.
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