Landmark Infrastructure Partners (LMRK) Tops Q2 EPS by 10c

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Go back to Landmark Infrastructure Partners (LMRK) Tops Q2 EPS by 10c

Landmark Infrastructure Partners LP Reports Second Quarter 2015 Results

August 6, 2015 6:00 AM EDT

EL SEGUNDO, Calif., Aug. 6, 2015 (GLOBE NEWSWIRE) -- Landmark Infrastructure Partners LP (the "Partnership," "we," "us" or "our") (Nasdaq: LMRK) today announced second quarter and six months 2015 financial results.

Highlights:

On July 21, 2015, the Partnership acquired a portfolio of assets from its sponsor, Landmark Dividend LLC ("Landmark"), for total consideration of $35.7 million; On April 8, 2015, the Partnership acquired a portfolio of assets from Landmark, for total consideration of $22.1 million; Generated Q2 2015 Adjusted EBITDA of $4.0 million and distributable cash flow of $3.0 million; and Increased quarterly cash distribution for the second... More