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Great Ajax: Q2 Earnings Snapshot
By AP News - Jul 24, 2024, 06:52 AM ET
Last Updated - Jul 24, 2024, 06:52 AM EDT
TIGARD, Ore. (AP) — TIGARD, Ore. (AP) — Great Ajax Corp. (AJX) on Wednesday reported a loss of $12.7 million in its second quarter.
On a per-share basis, the Tigard, Oregon-based company said it had a loss of 32 cents. Losses, adjusted for non-recurring costs, came to 24 cents per share.
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The real estate investment trust posted revenue of $11.9 million in the period. Its adjusted revenue was $348,000.
The company's shares closed at $3.85. A year ago, they were trading at $7.06.
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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 AJX at https://www.zacks.com/ap/AJX
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