|Bid||8.00 x 100|
|Day's Range||9.85 - 9.85|
|52 Week Range||5.97 - 10.20|
|PE Ratio (TTM)||259.19|
|Earnings Date||Jun 1, 2017 - Jun 5, 2017|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||5.90|
HERZLIYA, Israel, May 25, 2017 /PRNewswire/ -- Optibase Ltd. (NASDAQ: OBAS) today announced financial results for the first quarter ended March 31, 2017. Revenues from fixed income real estate totaled ...
Optibase Ltd. (OBAS) (the "Company" or "Optibase") announces, further to our announcement from March 7, 2017, that LEM Switzerland SA, a tenant in the office building complex in Geneva known as CTN, or the Tenant, withdrew the deposit of the monthly rent for March 2017 amounting to CHF 279,413.10 (app. $276,803 vat inclusive) with Banque cantonale de Genève under the control of the Pouvoir judiciaire of the Canton of Geneva and released the amount to the Company. The Tenant has not filed a formal claim with the Commission de Conciliation en Matière de Baux et Loyers of the Canton of Geneva, or the Commission in connection with the rent within the 30 days period from the date of the deposit.
Categories: Yahoo FinanceGet free summary analysis Optibase Ltd. reports financial results for the quarter ended December 31, 2016. Highlights Summary numbers: Revenues of USD 4.01 million, Net Earnings of USD -1.57 million. Gross margins widened from 50.72% to 53.36% compared to the same period last year, operating (EBITDA) margins now 32.11% from 49.06%. Narrowing of operating margins ... Read more (Read more...)