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CBL Properties Reports Results for Fourth Quarter and Full-year 2020

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CBL Properties (OTCMKTS: CBLAQ) announced results for the fourth quarter and year ended December 31, 2020. A description of each supplemental non-GAAP financial measure and the related reconciliation to the comparable GAAP financial measure is located at the end of this news release.

 

 

Three Months Ended

December 31,

 

 

Year Ended

December 31,

 

 

 

2020

 

 

2019

 

 

%

 

2020

 

 

2019

 

 

%

Net income (loss) attributable to common shareholders per diluted share

 

$

(0.32

)

 

$

0.12

 

 

 

(366.7

)%

 

$

(1.75

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About CBLAQ

Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market‑dominant properties located in dynamic and growing communities. CBL's portfolio is comprised of 105 properties totaling 64.6 million square feet across 25 states, including 64 high-quality enclosed, outlet and open-air retail centers and 7 properties managed for third parties. CBL seeks to continuously strengthen its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties.