💨 Abstract

Boardwalk Real Estate Investment Trust reported its second-quarter financial results, with funds from operations at $44.7 million, or 84 cents per share. This measure, crucial in the REIT industry, adds back items like depreciation to net income. The company's net income was $55.1 million, or $1.13 per share. Revenue for the quarter was $113.7 million.

Courtesy: WTOP Staff