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Western Asset Mortgage Capital Corp posts $-85.47 million annual loss

By USInMinutes - Mar 13, 2023, 07:00 AM ET
Last Updated - Jul 18, 2023, 04:20 PM EDT
Western Asset Mortgage Capital Corp posts $-85.47 million annual loss
Western Asset Mortgage Capital Corp [WMC]  has posted annual loss of $-85.47 million for the year ended Dec 31,2022.

The company based in California(CA)reported a risein revenue to $158.72 milion for the year when compared to $27.16 million in the previous year.

A filing from the company with the Securities and Exchange Commission on Mar 13,2023 showed that its revenue is  down 484.36% year-over-year.

The company reported basic earnings per share of $-14.77 and diluted earnings per share of $-14.77.

Western Asset Mortgage Capital Corp operates in the Real Estate Investment Trusts sector.

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