Granite Point Mortgage Trust: Q4 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Granite Point Mortgage Trust Inc. (GPMT) on Thursday reported a fourth-quarter loss of $6.2 million, after reporting a profit in the same period a year earlier.
The New York-based company said it had a loss of 19 cents per share. Losses, adjusted for non-recurring costs and stock option expense, came to 16 cents per share.
The real estate investment trust posted revenue of $61.4 million in the period. Its adjusted revenue was $21 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GPMT at https://www.zacks.com/ap/GPMT