ST. LOUIS PARK, Minn. (AP) — ST. LOUIS PARK, Minn. (AP) — Two Harbors Investments Corp. (TWO) on Monday reported profit of $197.4 million in its second quarter.
The St. Louis Park, Minnesota-based company said it had net income of $1.80 per share. Losses, adjusted for non-recurring gains, came to 4 cents per share.
The real estate investment trust that invests in mortgage-backed securities posted revenue of $117.8 million in the period. Its adjusted revenue was -$41.8 million.
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