Great Ajax: Q2 Earnings Snapshot
TIGARD, Ore. (AP) — TIGARD, Ore. (AP) — Great Ajax Corp. (AJX) on Thursday reported a loss of $11.5 million in its second quarter.
On a per-share basis, the Tigard, Oregon-based company said it had a loss of 51 cents. Losses, adjusted for non-recurring costs, were 11 cents per share.
The real estate investment trust posted revenue of $18.3 million in the period. Its adjusted revenue was $3.3 million.
Great Ajax shares have dropped roughly 8% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $6.69, a fall of 38% 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
