NEW YORK (AP) _ New York Mortgage Trust Inc. (NYMT) on Wednesday reported first-quarter net income of $19.2 million.
On a per-share basis, the New York-based company said it had net income of 14 cents.
The real estate investment trust posted revenue of $95.1 million in the period. Its adjusted revenue was $13.9 million.
New York Mortgage Trust shares have decreased roughly 5 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $6.28, a climb of 24 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 NYMT at https://www.zacks.com/ap/NYMT
Keywords: New York Mortgage Trust, Earnings Report