Innovative Industrial Properties Inc. (IIPR) Misses Q2 EPS by 2c

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Go back to Innovative Industrial Properties Inc. (IIPR) Misses Q2 EPS by 2c

Innovative Industrial Properties Reports Second Quarter 2020 Results

August 5, 2020 4:15 PM EDT

Investments Drive 183% Q2 Total Revenues, 322% Q2 Net Income and 263% Q2 AFFO Growth Year-over-Year

SAN DIEGO--(BUSINESS WIRE)-- Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the medical-use U.S. cannabis industry, announced today results for the quarter ended June 30, 2020.

Second Quarter 2020 and Subsequent Events Highlights

Financial Results and Financing Activity

IIP generated total revenues of approximately $24.3 million in the quarter, representing a 183% increase from the prior... More