ZAIS Financial (ZFC) Reports Q3 Breakeven Loss

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ZAIS Financial Corp. Reports Third Quarter 2016 Results

October 25, 2016 5:01 PM EDT

RED BANK, N.J., Oct. 25, 2016 /PRNewswire/ -- ZAIS Financial Corp. (NYSE: ZFC) ("ZAIS Financial" or the "Company") today reported financial results for the three and nine months ended September 30, 2016.

A summary of the Company's operating results for the three and nine months ended September 30, 2016 and September 30, 2015 is presented below.  The Company reported U.S. GAAP net income for the three months ended September 30, 2016 of $4.2 million or $0.46 per diluted weighted average share outstanding, compared with net loss of $(6.7) million or $(0.76) per diluted weighted average share outstanding for the same period in... More