Brief: Sun Communities Audit Committee Concluded Interim Financial Statements For 2023 Periods Ended March 31, June 30, Sept 30, Should Not Be Relied Upon

Sun Communities

20/02/2024 23:15

Feb 20 (Reuters) - Sun Communities Inc  SUI.N :
    * SUN COMMUNITIES: AUDIT COMMITTEE CONCLUDED INTERIM
FINANCIAL
STATEMENTS FOR 2023 PERIODS ENDED MARCH 31, JUNE 30, SEPT 30,
SHOULD NOT BE RELIED UPON
    * SUN COMMUNITIES INC: DETERMINED THAT EACH OF INTERIM
FINANCIAL
STATEMENTS CONTAINED AN ERROR RELATING TO NON-CASH GOODWILL
IMPAIRMENT
    * SUN COMMUNITIES INC: FOR THREE MONTH PERIOD ENDED SEPT 30,
2023,
NON-CASH GOODWILL IMPAIRMENT REDUCES NET INCOME BY $44.8 MILLION
    * SUN COMMUNITIES INC: FOR NINE MONTH PERIOD ENDED SEPT 30,
2023,
NON-CASH GOODWILL IMPAIRMENT CHANGES NET INCOME TO NET LOSS BY
AMOUNT OF $369.9 MILLION

Source text for Eikon:  ID:n0000912593-24-000066 
Further company coverage:  SUI.N 

 ((Reuters.Briefs@thomsonreuters.com;))