Zais Financial (ZFC) Reports Q4 EPS of $0.46

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Go back to Zais Financial (ZFC) Reports Q4 EPS of $0.46

ZAIS Financial Corp. Reports Fourth Quarter 2014 Results

March 11, 2015 8:01 AM EDT

RED BANK, N.J., March 11, 2015 /PRNewswire/ -- ZAIS Financial Corp. (NYSE: ZFC) ("ZAIS Financial" or the "Company") today reported financial results for the three and twelve months ended December 31, 2014.

FOURTH QUARTER 2014

Closed acquisition of GMFS, LLC ("GMFS"), a mortgage banking platform, on October 31, 2014 GAAP net income of $0.2 million, or $0.02 per diluted weighted average share outstanding, includes two months of GMFS operating results Core Earnings (a non-GAAP financial measure as defined below) of $4.1 million, or $0.46 per diluted weighted average share outstanding... More