NEW YORK (AP) — NEW YORK (AP) — New York Mortgage Trust Inc. (NYMT) on Wednesday reported a loss of $57.9 million in its first quarter.
On a per-share basis, the New York-based company said it had a loss of 75 cents. Losses, adjusted for asset impairment costs and non-recurring costs, came to 30 cents per share.
The real estate investment trust posted revenue of $83.9 million in the period. Its adjusted revenue was $17.9 million.
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