05:08 PM EST, 02/19/2025 (MT Newswires) -- Innovative Industrial Properties ( IIPR ) reported Q4 adjusted diluted fund from operations Wednesday of $2.22 per share, down from $2.28 a year earlier.

Analysts polled by FactSet expected $2.19.

Revenue for the quarter ended Dec. 31 was $76.7 million, down from $79.2 million a year earlier.

Analysts surveyed by FactSet expected $76.3 million.

Shares were up 1% in extended session.