Gladstone Commercial: Q2 Earnings Snapshot
MCLEAN, Va. (AP) — MCLEAN, Va. (AP) — Gladstone Commercial Corp. (GOOD) on Tuesday reported a key measure of profitability in its second quarter.
The real estate investment trust, based in McLean, Virginia, said it had funds from operations of $16.6 million, or 41 cents per share, in the period.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had a loss of $7.8 million, or 19 cents per share.
The real estate investment trust, based in McLean, Virginia, posted revenue of $38.7 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GOOD at https://www.zacks.com/ap/GOOD
