ATLANTA (AP) — ATLANTA (AP) — Angel Oak Mortgage Inc. (AOMR) on Tuesday reported first-quarter earnings of $12.9 million.
The Atlanta-based company said it had profit of 51 cents per share. Earnings, adjusted for non-recurring gains, were 11 cents per share.
The real estate finance company posted revenue of $25.2 million in the period.
Angel Oak shares have climbed roughly 8% since the beginning of the year. The stock has increased 47% in the last 12 months.
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