Five Oaks Investment (OAKS) Misses Q1 EPS by 7c

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Five Oaks Investment Corp. Reports First Quarter 2015 Financial Results

May 11, 2015 5:23 PM EDT

NEW YORK, May 11, 2015 /PRNewswire/ -- Five Oaks Investment Corp. (NYSE: OAKS) ("Five Oaks" or "the Company") today announced its financial results for the quarter ended March 31, 2015. For the first quarter, the Company reported a GAAP net loss of $6.0 million, or $0.41 per basic and diluted share, comprehensive income of  $0.40 per basic and diluted share, and core earnings* of $4.8 million, or $0.32 per basic and diluted share. The Company also reported a net book value of $11.65 per share on a basic and diluted basis at March 31, 2015. 

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