Farmland Partners (FPI) Misses Q2 EPS by 6c

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Go back to Farmland Partners (FPI) Misses Q2 EPS by 6c

Farmland Partners Inc. Reports Results for the Quarter Ended June 30, 2016 and Announces Second Quarter Revenue of $6.0 Million - a 109% Period-Over-Period Increase

August 3, 2016 10:14 PM EDT

DENVER, Aug. 3, 2016 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI) (the "Company") today reported financial results for the quarter ended June 30, 2016.

Second Quarter Highlights

Reported operating revenue of $6.0 million for the quarter ended June 30, 2016, a 109% increase over the same period last year Reported net income of $1.3 million for the quarter ended June 30, 2016, an 808% increase over the same period last year Reported Adjusted EBITDA of $4.0 million for the quarter ended June 30, 2016, a 43% increase over the same period last year Completed acquisitions of 3,622 acres of farmland... More