NEW YORK (AP) — NEW YORK (AP) — Lument Finance Trust, Inc. (LFT) on Monday reported a loss of $523,000 in its first quarter.
On a per-share basis, the New York-based company said it had a loss of 3 cents. Earnings, adjusted for non-recurring costs, came to 8 cents per share.
The real estate investment trust posted revenue of $22.3 million in the period. Its adjusted revenue was $7.7 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LFT at https://www.zacks.com/ap/LFT
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.