--- title: "Gladstone Commercial Pref Share GOOD 6.625 Prep 10/31/24 E | 8-K: FY2025 Q2 Revenue: USD 39.53 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/251894447.md" datetime: "2025-08-06T20:10:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/251894447.md) - [en](https://longbridge.com/en/news/251894447.md) - [zh-HK](https://longbridge.com/zh-HK/news/251894447.md) --- # Gladstone Commercial Pref Share GOOD 6.625 Prep 10/31/24 E | 8-K: FY2025 Q2 Revenue: USD 39.53 M Revenue: As of FY2025 Q2, the actual value is USD 39.53 M. EPS: As of FY2025 Q2, the actual value is USD 0.03. ### Segment Revenue - Total operating revenue for the three months ended June 30, 2025, was $39,533,000, representing a 5.4% increase from $37,501,000 for the three months ended March 31, 2025. ### Operational Metrics - Net income for the three months ended June 30, 2025, was $4,634,000, a decrease of 9.8% from $5,136,000 for the three months ended March 31, 2025. - Net income available to common stockholders and Non-controlling OP Unitholders was $1,457,000, or $0.03 per share, compared to $1,917,000, or $0.04 per share, for the previous quarter, a decrease of 24.0%. - Total operating expenses increased by 5.4% to $25,146,000 from $23,858,000 in the previous quarter. ### Cash Flow - Funds from operations (FFO) available to common stockholders and Non-controlling OP Unitholders - diluted was $15,439,000, a 1.2% increase from $15,261,000 in the previous quarter. - Core funds from operations (Core FFO) available to common stockholders and Non-controlling OP Unitholders - diluted was $16,114,000, a 5.4% increase from $15,295,000 in the previous quarter. ### Unique Metrics - Collected 100% of cash rents due during April, May, and June 2025. - Acquired two fully-occupied facilities for $79.3 million, with a weighted average cap rate of 8.88%. - Sold one non-core office property for $5.1 million and one non-core industrial property for $18.5 million as part of the capital recycling strategy. ### Outlook / Guidance - Gladstone Commercial anticipates continuing its capital recycling program by selling non-core assets and reinvesting in target growth markets, particularly focusing on industrial properties. - The company expects to face challenges due to economic uncertainties but remains confident in its tenant credit underwriting and anticipates continued rent collection success. - Gladstone Commercial plans to maintain access to debt and equity markets for added liquidity and expects same store rents to continue rising as they grow. ### Related Stocks - [GOODN.US](https://longbridge.com/en/quote/GOODN.US.md) ## Related News & Research - [A look at the incredible 11-day rally in the Nasdaq](https://longbridge.com/en/news/282876019.md) - [LIVE MARKETS-Trump's stock market performance improves, still not great](https://longbridge.com/en/news/282727291.md) - [Australia's $71 billion pension fund snaps up global stocks in Iran war rout](https://longbridge.com/en/news/282769869.md) - [Taiwan Semiconductor Manufacturing Q1 Preview: What Could 12th Straight Double Beat Mean With Shares Near All-Time Highs?](https://longbridge.com/en/news/282878796.md) - [How the Globalstar purchase could turn Amazon's Leo into a satellite powerhouse](https://longbridge.com/en/news/282876395.md)