AG Mortgage Investment Trust (MITT) Reports Q2 Loss of $0.08/sh

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Go back to AG Mortgage Investment Trust (MITT) Reports Q2 Loss of $0.08/sh

AG Mortgage Investment Trust, Inc. Reports Second Quarter 2020 Results

August 10, 2020 6:55 AM EDT

NEW YORK--(BUSINESS WIRE)-- AG Mortgage Investment Trust, Inc. ("MITT," "we," the "Company" or "our") (NYSE: MITT) today reported financial results for the quarter-ended June 30, 2020. AG Mortgage Investment Trust, Inc. is a hybrid mortgage REIT that opportunistically invests in and manages a diversified risk-adjusted portfolio of Residential and Commercial Investments.

SECOND QUARTER 2020 FINANCIAL SNAPSHOT

$(0.08) of Net Income/(Loss) per diluted common share(1) $2.75 Book Value per share(1) as of June 30, 2020, compared to an estimated range of $1.80 to $1.90 at April 30, 2020 and $2.63 as of March 31, 2020 $278.7 million of MTM... More