NewLake Q2 revenue $11.4M, AFFO $9.9M; guides FY AFFO $39.8-$40.8M

NewLake Capital Partners, Inc.

2023-Q2 EPS reported $0.55 revenue$22,792,000

Q2 revenue $11.4M (+8.2% YoY); net income $5.8M vs $3.8M YoY.
FFO $9.5M (+43.6% YoY); AFFO $9.9M (+13.3% YoY).
Maintained $0.39 quarterly dividend ($1.56 annualized).
Repurchased 56,372 shares in Q2 at avg $12.62; $8.7M left under $10M buyback.
FY2023 AFFO guidance $39.8-$40.8M (midpoint +4.1% YoY).

item 2.02 item 9.01 item 7.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

NewLake Capital Partners, Inc. reported the second quarter ended June 30, 2023 results: revenue $11.4 million, net income $5.8 million.

Period: the second quarter ended June 30, 2023
Revenue: $11.4 million
Net income: $5.8 million
Result: reported results

Exact text from the filing

"Securities Act") or the Exchange Act. --- EX-99.1 (EX-99.1) --- -1 NewLake Capital Partners Reports Second Quarter 2023 Financial Results Second Quarter 2023 Revenue Totaled $11.4 Million, an Increase of 8.2% Year-Over-Year Second Quarter 2023 Net Income Attributable to Common Stockholders Totaled $5.8 Million, Funds from Operations Totaled $9.5 Million, and

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NewLake Capital Partners, Inc. filing history →

Source: SEC EDGAR

accession 0001854964-23-000031

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