BEAVERTON, Ore. (AP) _ Great Ajax Corp. (AJX) on Tuesday reported first-quarter profit of $400,000.
On a per-share basis, the Beaverton, Oregon-based company said it had profit of 2 cents.
The real estate investment trust posted revenue of $14.2 million in the period.
Great Ajax shares have decreased 43% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $8.50, a drop of 40% in the last 12 months.