SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — Western Asset Mortgage Capital Corp. (WMC) on Thursday reported net income of $6.6 million in its first quarter.
On a per-share basis, the Salt Lake City-based company said it had net income of $1.07. Earnings, adjusted for non-recurring gains, came to 36 cents per share.
The real estate investment company posted revenue of $40.9 million in the period. Its adjusted revenue was $4.4 million.
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