Power REIT (NYSEMKT:PW) (NYSEMKT:PW) CEO David Lesser tells Proactive the group reported second-quarter 2021 net income of $0.41 per share, a 95% year-over-year increase, as accretive acquisitions continued to put a charge into the company’s bottom line.
Lesser says revenue for the period also climbed 133% to nearly $2.3 million, while its core funds from operations (FFO) rose 76% from a year ago. He also indicated there are an active pipeline of acquisitions that the group will hope to announce in the near future.