Impac Mortage Holdings (IMH) Reports Q4 Loss of $0.10

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Impac Mortgage Holdings, Inc. Announces Year End 2020 Results

March 11, 2021 4:01 PM EST

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

For the fourth quarter of 2020, the Company reported a net (loss) of $(2.2) million, or $(0.10) per diluted common share, and core earnings of $3.3 million, or $0.16 per diluted common share, as compared to a net (loss) of $(677) thousand, or $(0.03) per diluted common share, and core earnings of $1.8 million, or $0.08 per diluted common share, for the fourth quarter of 2019.

For the year ended December 31, 2020, the Company reported a net (loss) of... More