1. Revenue: $154 million, YoY decrease of 65.00%, QoQ decrease of 59.04%.
2. Gross Profit: $154 million, representing a dramatic drop of 82.64% YoY.
3. Operating Income: Recorded at $871 million with an increase of 74.55% YoY, and a decrease of 26.06% QoQ, indicating better management of operational costs.
4. Net Income: $122 million, a decline of 70.39% YoY and 64.74% QoQ, attributed to high interest expenses.
5. EPS: At $0.0974, down 82.91% YoY, reflecting declining profitability.
The drastic decline in revenue and net income is indicative of market pressures, primarily stemming from interest rate hikes impacting REIT valuations.