New York Mortgage Trust (NYMT) Misses Q1 EPS by 5c

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New York Mortgage Trust Reports First Quarter 2015 Results

May 5, 2015 4:38 PM EDT

NEW YORK, May 5, 2015 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) ("NYMT," the "Company," "we," "our" or "us") today reported results for the three months ended March 31, 2015.

Summary of First Quarter 2015:

Net income attributable to common stockholders of $22.1 million, or $0.21 per share.   Net interest income of $21.6 million and net interest margin of 415 basis points.   Issued and sold 2,702,358 shares of its common stock at an average price of $7.97 per share under its at-the-market offering programs, resulting in net proceeds to the Company of approximately $21.1... More