NEW YORK (AP) — NEW YORK (AP) — AG Mortgage Investment Trust Inc. (MITT) on Thursday reported fourth-quarter net income of $11.7 million.
On a per-share basis, the New York-based company said it had net income of 33 cents. Earnings, adjusted for non-recurring gains, were 5 cents per share.
The real estate investment trust posted revenue of $57.3 million in the period. Its adjusted revenue was $12.4 million.
For the year, the company reported a loss of $53.1 million, or $3.12 per share, swinging to a loss in the period. Revenue was reported as $61.4 million.
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