U.S. Markets close in 5 hrs 42 mins
  • S&P 500

    3,619.29
    -19.06 (-0.52%)
     
  • Dow 30

    29,614.89
    -295.48 (-0.99%)
     
  • Nasdaq

    12,168.03
    -37.82 (-0.31%)
     
  • Russell 2000

    1,839.07
    -16.19 (-0.87%)
     
  • Crude Oil

    45.17
    -0.36 (-0.79%)
     
  • Gold

    1,775.70
    -12.40 (-0.69%)
     
  • Silver

    22.40
    -0.24 (-1.06%)
     
  • EUR/USD

    1.2003
    +0.0033 (+0.2761%)
     
  • 10-Yr Bond

    0.8500
    +0.0080 (+0.95%)
     
  • Vix

    21.83
    +0.99 (+4.75%)
     
  • GBP/USD

    1.3375
    +0.0061 (+0.4547%)
     
  • USD/JPY

    104.1420
    +0.0570 (+0.0548%)
     
  • BTC-USD

    19,740.74
    +406.92 (+2.10%)
     
  • CMC Crypto 200

    386.07
    +21.47 (+5.89%)
     
  • FTSE 100

    6,348.27
    -19.31 (-0.30%)
     
  • Nikkei 225

    26,433.62
    -211.09 (-0.79%)
     

Impac Mortgage: 2Q Earnings Snapshot

IRVINE, Calif. (AP) _ Impac Mortgage Holdings Inc. (IMH) on Wednesday reported a second-quarter loss of $97.4 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Irvine, California-based company said it had a loss of $4.65. Losses, adjusted for one-time gains and costs, came to 31 cents per share.

The mortgage and warehouse lending company posted revenue of $29.9 million in the period.

Impac Mortgage shares have declined 21 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $8.06, a decline of 48 percent in the last 12 months.

_____

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