MarketBeat Earnings
AFC Gamma (NASDAQ:AFCG) Announces Quarterly Earnings Results
AFC Gamma (NASDAQ:AFCG) reported Q2 earnings of $0.23 per share, exceeding analyst estimates, though revenue of $6.77 million fell short of expectations. The company's net asset value increased to $8.25 per share due to investment income, share repurchases, and unrealized gains. Despite a strong investment pipeline and liquidity, legacy cannabis credit issues, including a maturity default for the …