NEW YORK (AP) — NEW YORK (AP) — Granite Point Mortgage Trust Inc. (GPMT) on Wednesday reported a loss of $31 million in its third quarter.
On a per-share basis, the New York-based company said it had a loss of 69 cents. Losses, adjusted for non-recurring costs and stock option expense, came to 4 cents per share.
The real estate investment trust posted revenue of $44.3 million in the period. Its adjusted revenue was $7.7 million.
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