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NewLake (NLCP) Q2 Revenue Rises 3.8%
The Motley Fool· 2025-08-07 12:32
NewLake Capital Partners (NLCP -0.77%), a real estate investment trust focused on cannabis-related properties, reported second-quarter 2025 results on August 6, 2025. The company announced GAAP revenue of $12.9 million, outpacing analyst expectations of $12.49 million (GAAP) and Revenue increased approximately 3.8% year-over-year for the second quarter. Adjusted funds from operations (AFFO) per share reached $0.55. Net income attributable to common stockholders (GAAP) rose to $7.3 million. Overall, the quar ...