Cannabis real estate investment trust Innovative Industrial Properties Inc. IIPR, +3.10% shares rose 2.7% in the extended session Wednesday after it reported a 111% increase in revenue.
The company reported fourth-quarter net income of $2.3 million, or 23 cents a share, compared with $284,000, or 7 cents a share, in the year-ago period. The company also paid a quarterly dividend of 35 cents a share on Jan. 15. Revenue rose to $4.8 million from $2.3 million in the year-ago period. There are three analysts covering Innovative Properties, which is not enough to a report a reliable FactSet consensus.
Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
State Department vacancies increasing security risks overseas, report findsA new report from the government accountability office found that the State Department faces chronic overseas staffing vacancies that could negatively impact embassy security and its 'ability to achieve U.S. foreign policy goals and help ensure secure and efficient operations.'
Baca lebih lajut »
Report: Seahawks' Clark won't report without extensionSeattle Seahawks defensive end Frank Clark doesn't plan to sign his franchi...
Baca lebih lajut »
Opinion | A February Revenue SurpriseOpinion: Federal tax receipts rose 10% from a year ago, in case you haven’t heard
Baca lebih lajut »
Eventbrite stock plummets 20% after earnings miss, revenue beat
Baca lebih lajut »
Music Industry's Revenue Continues To Grow, But Beneath The Surface Are Warning SignsThe latest RIAA music industry revenue numbers show continued growth and continued dominance of interactive streaming. But growth in streaming is slowing down, leading to questions about where the industry will go next.
Baca lebih lajut »
Etsy jumps after beating on earnings and revenue'In a world where automation is changing the nature of work, creativity can't be automated,' Etsy's CEO Josh Silverman talks about the 584% stock price increase that's happened in the 2 years since he joined the company.
Baca lebih lajut »
737 Max groundings put a major source of Boeing's revenue at risk, Wall Street warnsBoeing's stock posted its biggest two day drop in a decade and several Wall Street firms are warning that investors were not anticipating the risk now facing the company's core airplane model.
Baca lebih lajut »
Kroger shares plunge after earnings, revenue missKroger reported earnings before the bell Thursday.
Baca lebih lajut »
Eventbrite crashes 25% after giving weak revenue guidanceThe company said it sees first-quarter revenue between $80 million and $84 million. That's far short of the $91 million analysts polled by Refinitiv had forecast.
Baca lebih lajut »