AG MORTGAGE INVESTME

MITT
Real-time Estimate Quote. Real-time Estimate  - 08/06 09:48:14 am
2.6USD +0.39%

AG Mortgage Investment Trust: 1Q Earnings Snapshot

06/12/2020 | 07:23am

NEW YORK (AP) _ AG Mortgage Investment Trust Inc. (MITT) on Friday reported a first-quarter loss of $485 million, after reporting a profit in the same period a year earlier.

The New York-based company said it had a loss of $14.98 per share. Losses, adjusted for non-recurring costs, came to $7.55 per share.

The real estate investment trust posted revenue of $40.3 million in the period. Its adjusted revenue was $20.3 million.

The company's shares closed at $4.77. A year ago, they were trading at $15.76.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MITT at https://www.zacks.com/ap/MITT

© 2020 The Canadian Press. All rights reserved., source Canadian Press DataFile

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