ATLANTA (AP) _ Invesco Mortgage Capital Inc. (IVR) on Wednesday reported first-quarter net income of $138.8 million.
On a per-share basis, the Atlanta-based company said it had net income of $1.05. Earnings, adjusted for non-recurring gains, came to 47 cents per share.
The real estate investment trust posted revenue of $263.6 million in the period. Its adjusted revenue was $150.6 million.
Invesco Mortgage Capital shares have risen 12% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $16.21, an increase of 1% 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 IVR at https://www.zacks.com/ap/IVR