NEW YORK (AP) — NEW YORK (AP) — Ready Capital Corporation (RC) on Thursday reported a loss of $16.7 million in its third quarter.
The New York-based company said it had a loss of 13 cents per share. Losses, adjusted for non-recurring gains and to account for discontinued operations, came to 94 cents per share.
The real estate investment trust posted revenue of $137.5 million in the period. Its adjusted revenue was $10.5 million.
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