Impac Mortage Holdings (IMH) Reports Q1 Loss of $0.61/sh

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Impac Mortgage Holdings, Inc. Announces First Quarter 2022 Results

May 12, 2022 4:05 PM EDT

IRVINE, Calif.--(BUSINESS WIRE)-- Impac Mortgage Holdings, Inc. (NYSE American: IMH) (the Company or we) announces its financial results for the quarter ended March 31, 2022.

For the first quarter of 2022, the Company reported a net (loss) of $(1.2) million, or $(0.07) per diluted common share, and core (loss) of $(13.0) million or $(0.61) per diluted common share, as compared to a net (loss) of $(683) thousand, or $(0.03) per diluted common share, and core (loss) of $(262) thousand, or $(0.01) per diluted common share, for the first quarter of 2021.

Core earnings (loss) is not considered an accounting principle generally accepted in the... More