Impac Mortage Holdings (IMH) Reports Q1 Loss of $2.64

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Go back to Impac Mortage Holdings (IMH) Reports Q1 Loss of $2.64

Impac Mortgage Holdings, Inc. Announces First Quarter 2020 Results

June 25, 2020 4:04 PM EDT

IRVINE, Calif.--(BUSINESS WIRE)-- Impac Mortgage Holdings, Inc. (NYSE American: IMH) (the Company) announces its financial results for the quarter ended March 31, 2020.

For the first quarter of 2020, the Company reported a net (loss) of $(64.7) million, or $(3.05) per diluted common share, as compared to a net (loss) of $(12.6) million, or $(0.60) per diluted common share, for the first quarter of 2019.

For the first quarter of 2020, the Company reported core loss of $(56.1) million, or $(2.64) per diluted common share, as compared to core loss of $(5.8) million, or $(0.28) per diluted common share, for the first... More