OLD GREENWICH, Conn. (AP) — OLD GREENWICH, Conn. (AP) — Ellington Residential Mortgage REIT (EARN) on Wednesday reported profit of $12.4 million in its fourth quarter.
On a per-share basis, the Old Greenwich, Connecticut-based company said it had net income of 75 cents. Earnings, adjusted for non-recurring gains, came to 27 cents per share.
The residential mortgage real estate investment trust posted revenue of $377,000 in the period.
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