Mortgage Investment Trust AG: Second Quarter Income Statement

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NEW YORK (AP) _ AG Mortgage Investment Trust Inc. (MITT) on Friday reported second-quarter net income of $ 15.6 million after reporting losses for the same period a year earlier.

On a per share basis, the New York-based company said it had a net income of 70 cents. Earnings adjusted for one-time earnings were less than 1 cent per share.

The income of the investment fund in real estate for the reporting period amounted to $ 14.2 million. Adjusted revenue of $ 8.9 million.

AG Mortgage Investment Trust shares are up 25% since the beginning of the year. The company’s shares are up 21% in the past 12 months.

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This story was created by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Check out the Zacks report on MITT stock at https://www.zacks.com/ap/MITT

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