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New York Mortgage Trust: Q2 Earnings Snapshot

New York Mortgage Trust: Q2 Earnings Snapshot

By AP News
Published - Aug 01, 2024, 02:00 AM ET
Last Updated - Aug 01, 2024, 02:00 AM EDT

NEW YORK (AP) — NEW YORK (AP) — New York Mortgage Trust Inc. (NYMT) on Wednesday reported a loss of $15.6 million in its second quarter.

On a per-share basis, the New York-based company said it had a loss of 29 cents. Losses, adjusted for non-recurring costs, came to 25 cents per share.

The real estate investment trust posted revenue of $90.8 million in the period. Its adjusted revenue was $19 million.

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