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Great Ajax: 1Q Earnings Snapshot

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.

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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 AJX at https://www.zacks.com/ap/AJX