New York Mortgage Trust: 2Q Earnings Snapshot
NEW YORK (AP) _ New York Mortgage Trust Inc. (NYMT) on Wednesday reported second-quarter net income of $117.8 million. The New York-based company said it had net income of 28 cents per share. Earnings, adjusted for non-recurring gains, came to 8 cents per share. The real estate investment trust posted revenue of $152.4 million in the period. Its adjusted revenue was $28.5 million. In the final minutes of trading on Wednesday, the company's shares hit $2.67. A year ago, they were trading at $5.94. _____ This story was generated by Automated Insights (http:||automatedinsights.com|ap) using data from Zacks Investment Research. Access a Zacks stock report on NYMT at https:||www.zacks.com|ap|NYMT
New York Mortgage Trust: 2Q Earnings Snapshot
NEW YORK (AP) _ New York Mortgage Trust Inc. (NYMT) on Wednesday reported second-quarter net income of $117.8 million. The New York-based company said it had net income of 28 cents per share. Earnings, adjusted for non-recurring gains, came to 8 cents per share. The real estate investment trust posted revenue of $152.4 million in the period. Its adjusted revenue was $28.5 million. In the final minutes of trading on Wednesday, the company's shares hit $2.67. A year ago, they were trading at $5.94. _____ This story was generated by Automated Insights (http:||automatedinsights.com|ap) using data from Zacks Investment Research. Access a Zacks stock report on NYMT at https:||www.zacks.com|ap|NYMT