NEW YORK (AP) — NEW YORK (AP) — Lument Finance Trust, Inc. (LFT) on Thursday reported net income of $7 million in its first quarter.
The New York-based company said it had net income of 11 cents per share. Earnings, adjusted for non-recurring costs, came to 15 cents per share.
The real estate investment trust posted revenue of $33.7 million in the period. Its adjusted revenue was $11.3 million.
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