Alexandria real estate equities reports quarterly results

Alexandria real estate equities, inc. reports: 1q20 revenues of $439.9 million, up 22.6% over 1q19; 1q20 net income per share - diluted of $0.14; 1q20 ffo per share - diluted, as adjusted, of $1.82; and operational excellence and strong and flexible balan.q1 adjusted ffo per share $1.82.q1 revenue rose 22.6 percent to $439.9 million.have reduced 2020 construction spend forecast to focus primarily on projects that are partially or fully leased..expect to continue certain future pipeline expenditures to minimize impact of a temporary pause..reduced construction spend forecast for 2020 from $1.6 billion to $960 million.reduced forecasted acquisitions for 2020 from $950 million to $650 million..
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