Sachem Capital Reports Second Quarter 2023 Results – Produces Record Revenue Growth of 31.2% to $16.5 Million
BRANFORD, Conn., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced its financial results for the quarter ended June 30, 2023.
- BRANFORD, Conn., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced its financial results for the quarter ended June 30, 2023.
- For the second quarter 2023, interest income was approximately $11.9 million compared to approximately $10.4 million for the 2022 period.
- Total operating costs and expenses for the quarter ended June 30, 2023 were approximately $10.8 million, compared to $7.3 million for 2022 period.
- Total shareholders’ equity at June 30, 2023 rose $11.3 million to approximately $229.0 million compared to $217.7 million at December 31, 2022.