PS Business Parks Inc. (NYSE:PSB) reported operating results for the second quarter ended June 30, 2011. Net income allocable to common shareholders for the three months ended June 30, 2011 was $11.4 million, or $0.46 per diluted share, on revenues of $73.2 million compared to $9.2 million, or $0.37 per diluted share, on revenues of $69.6 million for the same period in 2010. Net income allocable to common shareholders for the six months ended June 30, 2011 was $27.9 million, or $1.13 per diluted share, on revenues of $146.9 million compared to $21.0 million, or $0.85 per diluted share, on revenues of $136.4 million for the same period in 2010.
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August 9th, 2011 at 04:51 pm