AG Mortgage Investment Trust (MITT) Reports Q1 Loss of $14.98; 'We are not disclosing Core Earnings' due to COVID-19 Pandemic
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AG Mortgage Investment Trust, Inc. Reports First Quarter 2020 Results
June 12, 2020 6:55 AM EDTNEW YORK--(BUSINESS WIRE)-- AG Mortgage Investment Trust, Inc. ("MITT," "we," the "Company" or "our") (NYSE: MITT) today reported financial results for the quarter-ended March 31, 2020. AG Mortgage Investment Trust, Inc. is a hybrid mortgage REIT that opportunistically invests in and manages a diversified risk-adjusted portfolio of Agency RMBS and Credit Investments, which include Residential Investments and Commercial Investments.
FIRST QUARTER 2020 FINANCIAL SNAPSHOT
$(14.98) of Net Income/(Loss) per diluted common share(1) $2.63 Book Value per share(1) as of March 31, 2020 versus $17.61 as of December 31, 2019 $1.6 billion Investment... More