Earnings ·
Sonida Senior Living reports Q3 normalized FFO of $0.46 per share and $46.8M Adjusted EBITDA
SNDASonida Senior Living, Inc.
Sonida Senior Living reported a net loss attributable to common shareholders of $34.3 million, or $(0.72) per share, for the third quarter ended September 30, 2026. The company posted normalized Funds from Operations (FFO) of $23.1 million, or $0.46 per share, and Adjusted EBITDA of $46.8 million, representing a 26.2% increase over the prior year pro forma figure. Same-store SHOP Net Operating Income grew 15.6% to $52.0 million, driven by a 200 basis point increase in weighted average occupancy to 88.6%. During the quarter, Sonida acquired one community for $14.7 million and sold 971,732 shares via its ATM program for $39.2 million in net proceeds. The company operates senior housing communities across the United States.