OLD GREENWICH, Conn. (AP) — OLD GREENWICH, Conn. (AP) — Ellington Credit Company (EARN) on Wednesday reported a loss of $2 million in its fourth quarter.
The Old Greenwich, Connecticut-based company said it had a loss of 7 cents per share. Earnings, adjusted for non-recurring costs, came to 27 cents per share.
The residential mortgage real estate investment trust posted revenue of $6.1 million in the period.
For the year, the company reported profit of $6.6 million, or 28 cents per share. Revenue was reported as $15.1 million.
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