OLD GREENWICH, Conn. (AP) — OLD GREENWICH, Conn. (AP) — Ellington Credit Company (EARN) on Tuesday reported profit of $4 million in its first quarter.
The Old Greenwich, Connecticut-based company said it had net income of 20 cents per share. Earnings, adjusted for non-recurring costs, were 27 cents per share.
The residential mortgage real estate investment trust posted revenue of $279,000 in the period.
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