Diversified Healthcare Trust (DHC) Q1 2025 Earnings Call Transcript

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Q1: 2025-05-05 Earnings Summary

EPS of -$0.24 beats by $0.04
 | Revenue of $386.86M (4.34% Y/Y) beats by $3.70M

Diversified Healthcare Trust (NASDAQ:DHC) Q1 2025 Earnings Conference Call May 6, 2025 10:00 AM ET

Company Participants

Matt Murphy - Manager, Investor Relations
Chris Bilotto - President & Chief Executive Officer
Anthony Paula - Vice President
Matt Brown - Chief Financial Officer & Treasurer

Conference Call Participants

Justin Haasbeek - RBC Capital Markets
John Massocca - B. Riley.

Operator

Good morning, and welcome to the Diversified Healthcare Trust First Quarter 2025 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the call over to Matt Murphy, Manager of Investor Relations. Please go ahead.

Matt Murphy

Good morning. Joining me on today's call are Chris Bilotto, President and Chief Executive Officer; Matt Brown, Chief Financial Officer and Treasurer; and Anthony Paula, Vice President.

Today's call includes a presentation by management, followed by a question-and-answer session with sell-side analysts. Please note that the recording and retransmission of today's conference call is strictly prohibited without the prior written consent of the company. Today's conference call contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward-looking statements are based upon DHC's beliefs and expectations as of today, Tuesday, May 6, 2025.

The company undertakes no obligation to revise or publicly release the results of any revision to the forward-looking statements made in today's conference call other than through filings with the Securities and Exchange Commission, or SEC. In addition, this call may contain non-GAAP numbers, including normalized funds from operations or normalized FFO, net operating income or NOI and cash basis net operating income or cash basis NOI.

A reconciliation of these non-GAAP measures

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