NEW YORK (AP) — NEW YORK (AP) — Granite Point Mortgage Trust Inc. (GPMT) on Tuesday reported a loss of $2.4 million in its first quarter.
The New York-based company said it had a loss of 13 cents per share. Losses, adjusted for non-recurring costs and stock option expense, came to 6 cents per share.
The real estate investment trust posted revenue of $26 million in the period. Its adjusted revenue was $8 million.
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