ZAIS Financial (ZFC) Reports Q2 EPS of $0.38

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Go back to ZAIS Financial (ZFC) Reports Q2 EPS of $0.38

ZAIS Financial Corp. Reports Second Quarter 2015 Results

August 5, 2015 8:00 AM EDT

RED BANK, N.J., Aug. 5, 2015 /PRNewswire/ -- ZAIS Financial Corp. (NYSE: ZFC) ("ZAIS Financial" or the "Company") today reported financial results for the three months ended June 30, 2015.

SECOND QUARTER 2015 HIGHLIGHTS

GAAP net income of $6.7 million, or $0.65 per diluted weighted average share outstanding (including operating results for GMFS, the Company's origination platform), compared with $25.9 million or $2.47 per diluted weighted average share outstanding for the same period in 2014 Core Earnings (a non-GAAP financial measure as defined below) of $3.4 million, or $0.38 per diluted weighted average share... More