NEW YORK (AP) _ New York Mortgage Trust Inc. (NYMT) on Tuesday reported third-quarter net income of $41.4 million.
The New York-based company said it had profit of 15 cents per share.
The real estate investment trust posted revenue of $179.6 million in the period. Its adjusted revenue was $32 million.
New York Mortgage Trust shares have climbed 4.5% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $6.16, a fall of slightly more than 2% in the last 12 months.