New York Mortgage Trust: Q4 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — New York Mortgage Trust Inc. (NYMT) on Wednesday reported net income of $41.9 million in its fourth quarter.
The New York-based company said it had net income of 35 cents per share. Losses, adjusted for non-recurring gains, came to 24 cents per share.
The real estate investment trust posted revenue of $78.8 million in the period. Its adjusted revenue was $16.8 million.
For the year, the company reported a loss of $48.7 million, or 99 cents per share. Revenue was reported as $258.7 million.
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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 NYMT at https://www.zacks.com/ap/NYMT
