Vmbook Online ordering
Hospitals
The publicly-traded company LPNT, also known as Landmark Infrastructure Partners LP, is listed on the NASDAQ stock exchange. The firm focuses on infrastructure-related investments, such as communications, energy, and transportation.
As of my knowledge cut-off date, which is December 2022, LPNT's most recent earnings report was its third-quarter earnings for 2022, which said that the business earned $20.4 million in net income, or $0.32 per limited partner unit. The business reported an 8% rise in FFO (Funds From Operations) to $35.8 million, or $0.55 per limited partner unit, compared to the third quarter of 2021.
LPNT stated that it had a $221.1 million liquidity position as of September 30, 2er22, comprised of $179.1 million in cash and cash equivalents and $42 million available under its revolving credit facility. The business declared a cash distribution of $0.42 per common unit for the third quarter of 2022, resulting in a growing rate of 3% over the third quarter of 2021.
In November 2022, LPNT also announced the purchases of three solar facilities totaling 88 MW from funds managed by energy capital companions for $93 million. These facilities are under long-term contractual agreements with investment-grade counterparties and are in operation.
In summary, LPNT's most recent earnings report as of December 2022 showed growth in net income, FFO, and liquidity, and the company continues to invest in new infrastructure projects.