Landmark Infrastructure Partners LP Reports Fourth Quarter Results
Landmark Infrastructure Partners LP - Common Units (LMRK)
Last landmark infrastructure partners lp - common units earnings: 2/27 08:00 am
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Source: GlobeNewswire
EL SEGUNDO, Calif., Feb. 27, 2020 (GLOBE NEWSWIRE) -- Landmark Infrastructure Partners LP (“Landmark,” the “Partnership,” “we,” “us” or “our”) (Nasdaq: LMRK) today announced its fourth quarter financial results. Highlights Reported rental revenue of $15.5 million, a 5% increase year-over-year;Net loss attributable to common unitholders of $0.08 per diluted unit, FFO of $0.18 per diluted unit and AFFO of $0.34 per diluted unit;Completed $170 million securitization refinancing transaction on January 15, 2020;Completed acquisitions with total consideration of approximately $53 million in 2019; andAnnounced a quarterly distribution of $0.3675 per common unit. Fourth Quarter 2019 ResultsRental revenue for the quarter ended December 31, 2019 was $15.5 million, an increase of 5% compared to the fourth quarter of 2018. Net income attributable to common unitholders per diluted unit in the fourth quarter of 2019 was a loss of $0.08, compared to a loss of $0.21 in the fourth quarter of 201
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