Impac Mortgage: Q4 Earnings Snapshot
IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Impac Mortgage Holdings Inc. (IMH) on Thursday reported a fourth-quarter loss of $11.8 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Irvine, California-based company said it had a loss of 38 cents. Losses, adjusted for non-recurring costs, came to 35 cents per share.
The mortgage and warehouse lending company posted revenue of $1.1 million in the period.
For the year, the company reported that its loss widened to $39.4 million, or $1.65 per share. Revenue was reported as $8.6 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 IMH at https://www.zacks.com/ap/IMH