Granite Point Mortgage Trust: Q3 Earnings Snapshot
News > National News
Audio By Carbonatix
5:58 PM on Wednesday, November 6, 2024
The Associated Press
NEW YORK (AP) — NEW YORK (AP) — Granite Point Mortgage Trust Inc. (GPMT) on Wednesday reported a loss of $31 million in its third quarter.
On a per-share basis, the New York-based company said it had a loss of 69 cents. Losses, adjusted for non-recurring costs and stock option expense, came to 4 cents per share.
The real estate investment trust posted revenue of $44.3 million in the period. Its adjusted revenue was $7.7 million.
_____
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
