2023-08-08 17:25:16 ET
- Gladstone Commercial press release ( NASDAQ: GOOD ): Q2 FFO of $0.41 beats by $0.05 .
- Revenue of $38.66M (+5.8% Q/Q) beats by $1.69M .
- Net loss attributable to common stockholders and Non-controlling OP Unitholders for the three months ended June 30, 2023 was $7.8 million, or $0.19 per share, compared to net income available to common stockholders and Non-controlling OP Unitholders for the three months ended March 31, 2023 of $0.03 million, or $0.00 per share.
- Collected 100% of cash rents: Collected 100% of cash rents due during April, May, and June.
- Acquired property: Purchased one fully-occupied, 76,089 square feet property for $5.3 million, at a cap rate of 9.71%.
- Sold property: Sold two non-core properties as part of our capital recycling program for $4.7 million.
For further details see:
Gladstone Commercial FFO of $0.41 beats by $0.05, revenue of $38.66M beats by $1.69M