Radius Global Infrastructure Reports Second Quarter 2023 Results
Revenue Increased 30% YoY
Radius Global Infrastructure, Inc. (NASDAQ:RADI) ("Radius" or the "Company"), one of the largest international owners and acquirors of real property interests and similar contractual rights underlying essential digital infrastructure assets, today reported financial results for the quarter ended June 30, 2023.
Bill Berkman, Co-Chairman and CEO of Radius Global Infrastructure, commented:
"We generated quarterly Revenue of $42.5 million in the second quarter of 2023, up 30% from the second quarter of 2022, with Gross Profit increasing to $40.0 million, up 31% year-over-year. In the second quarter, our Annualized In-Place Rents increased by 34% year-over-year to
