Five Oaks Investment (OAKS) Misses Q3 EPS by 6c

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Five Oaks Investment Corp. Reports Third Quarter 2015 Financial Results

November 9, 2015 4:30 PM EST

NEW YORK, Nov. 9, 2015 /PRNewswire/ -- Five Oaks Investment Corp. (NYSE: OAKS) ("we", "Five Oaks" or "the Company") today announced its financial results for the third quarter ended September 30, 2015. For the third quarter, the Company reported a GAAP net loss of $2.2 million, or $0.15 per basic and diluted share, a comprehensive loss of $2.0 million, or $0.14 per basic and diluted share, and core earnings* of $3.6 million, or $0.24 per basic and diluted share. The Company also reported a net book value of $10.26 per share on a basic and diluted basis at September 30, 2015. ... More