Advanced Flower Capital Inc. Announces Financial Results for Third Quarter 2024
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Advanced Flower Capital Inc. reported its financial results for the third quarter of 2024, with a GAAP net income of $1.4 million and distributable earnings of $7.2 million.
November 13, 2024 | 12:45 pm
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Advanced Flower Capital Inc. reported a GAAP net income of $1.4 million and distributable earnings of $7.2 million for Q3 2024.
The positive earnings report, with both GAAP net income and distributable earnings showing solid figures, is likely to have a positive impact on AFCG's stock price in the short term. Investors often react favorably to strong earnings results.
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