Five Oaks Investment (OAKS) Reports Q4 EPS of $0.19
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Five Oaks Investment Corp. Reports Fourth Quarter and Full Year 2016 Financial Results And Announces Second Quarter 2017 Common and Preferred Stock Dividends
March 16, 2017 4:30 AM EDTNEW YORK, March 16, 2017 /PRNewswire/ -- Five Oaks Investment Corp. (NYSE: OAKS) ("we", "Five Oaks" or "the Company") today announced its financial results for the fourth quarter and for the year ended December 31, 2016. For the fourth quarter, the Company reported GAAP net income of $10.6 million, or $0.72 per basic and diluted share, a comprehensive loss of $0.6 million, or $0.04 per basic and diluted share, and core earnings (1) of $2.8 million, or $0.19 per basic and diluted share. For the year, the Company reported GAAP net loss of $11.5 million, or $0.79 per basic and diluted share, a... More
