CMCT posts Q2 operating funds of $3.4 million, loss of $11 million

CMCT Creative Media & Community Trust

$4.51 +0.67%

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1. 1Creative Media & Community Trust (CMCT) revealed its second-quarter operating funds on Friday
2. 2Operating funds came in at $3.4 million ($1.25 per share), on revenue of $29.7 million and a loss of $11 million ($4.03 per share)
3. 3Operating funds, a key REIT-sector metric, are calculated as net income plus depreciation and amortization

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