Reports Q3 revenue $61.713M vs $101.330M. “We continue to successfully implement our go-forward strategy,” stated Michael J. Escalante, PKST‘s Chief Executive Officer. “Through a combination of our resilient cash flows and the disposition of non-core assets, we are reducing leverage and working towards achieving an investment grade balance sheet. During the third quarter, we improved the profile of our ‘Other’ segment through the disposition of one property and the renewal of two leases. Looking forward, we are well-positioned to continue the execution of our business plan despite the challenging macroeconomic environment.”
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