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Discontinued — last reported Q3 '23

Goodwill impairment at other companies

SSR Mining logo
SSR MiningSSRM
$0
BlackBerry logo
BlackBerryBB
$4M-93.5%
Teladoc Health logo
Teladoc HealthTDOC
$0-100%
Unusual Machines logo
Unusual MachinesUMAC
$0-100%
Fox Factory Holding Corp. logo
Fox Factory Holding Corp.FOXF
$0-100%
Horizon Bancorp logo
Horizon BancorpHBNC
$0

Segments

By segment

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Atlanta$0
Boston$0
Dallas$0
Minneapolis$0
New York$0
Orlando$0

Other financials

Income statement

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Revenue$143.3M+0.4%
Net income-$12.9M-27.9%
EPS (diluted)-$0.10-25.0%

Balance sheet

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Cash & equivalents$2.3M-21.7%
Total debt$15.0K-85.0%
Total equity$1.5B-5.0%
Total assets$4.0B+0.7%

Cash flow

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Operating cash flow$28.1M+657%

Valuation

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Market cap$1.11B+20.3%
P/S+0.3×

Profitability

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Operating margin22%
Net margin-15.3%+10.8pp
FCF margin-34.6%

Returns & leverage

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Return on equity-5.7%+5.7pp

Where this comes from

Reported directly by Piedmont Office Realty Trust in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Piedmont Office Realty Trust’s 10-Q, filed October 30, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Piedmont Office Realty Trust's goodwill impairment?
Piedmont Office Realty Trust (PDM) reported goodwill impairment of $10.96M in Q3 2023.
What does goodwill impairment mean?
Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.