MILL VALLEY, Calif. (AP) — MILL VALLEY, Calif. (AP) — Redwood Trust Inc. (RWT) on Wednesday reported profit of $20 million in its fourth quarter.
The Mill Valley, California-based company said it had profit of 13 cents per share. Earnings, adjusted for non-recurring costs, were 33 cents per share.
For the year, the company reported a loss of $70.1 million, or 61 cents per share. Revenue was reported as $82.6 million.
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