SANTA MONICA, Calif. (AP) _ Anworth Mortgage Asset Corp. (ANH) on Friday reported third-quarter net income of $17.4 million.
The Santa Monica, California-based company said it had profit of 15 cents per share. Earnings, adjusted for non-recurring gains, came to 12 cents per share.
The real estate investment trust that buys mortgage debt posted revenue of $50.7 million in the period. Its adjusted revenue was $20.6 million.
In the final minutes of trading on Friday, the company's shares hit $4.38. A year ago, they were trading at $5.56.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANH at https://www.zacks.com/ap/ANH