Landmark Infrastructure Partners (LMRK) Misses Q2 EPS by 2c, Revenues Miss
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Landmark Infrastructure Partners LP Reports Second Quarter Results
August 1, 2018 8:01 AM EDTEL SEGUNDO, Calif., Aug. 01, 2018 (GLOBE NEWSWIRE) -- Landmark Infrastructure Partners LP (the Partnership, we, us or our) (Nasdaq: LMRK) today announced its second quarter financial results.
Highlights
Completed acquisitions with total consideration of approximately $128 million through July 31, 2018;Reported Q2 2018 rental revenue of $16.8 million, a 31% increase year-over-year;Reported Q2 2018 net income of $6.1 million, EBITDA of $16.9 million, and Adjusted EBITDA of $16.5 million, a 30% increase in Adjusted EBITDA year-over-year;Reported Q2 2018 distributable cash flow of $8.1 million, a 9% increase year-over-year;Announced a quarterly distribution of $0.3675 per common... More