OLD GREENWICH, Conn. (AP) — OLD GREENWICH, Conn. (AP) — Ellington Credit Company (EARN) on Wednesday reported earnings of $12.3 million in its fiscal first quarter.
On a per-share basis, the Old Greenwich, Connecticut-based company said it had net income of 33 cents. Earnings, adjusted for investment gains and non-recurring gains, came to 15 cents per share.
The residential mortgage real estate investment trust posted revenue of $12 million in the period. Its adjusted revenue was $9 million.
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