NEW YORK (AP) — NEW YORK (AP) — Granite Point Mortgage Trust Inc. (GPMT) on Tuesday reported profit of $5 million in its second quarter.
The New York-based company said it had net income of 3 cents per share. Earnings, adjusted for one-time gains and costs, were 12 cents per share.
The real estate investment trust posted revenue of $74.2 million in the period. Its adjusted revenue was $27.2 million.
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