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Granite Point Mortgage Trust: Q2 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — Granite Point Mortgage Trust Inc. (GPMT) on Wednesday reported a loss of $58.4 million in its second quarter.

The New York-based company said it had a loss of $1.29 per share. Losses, adjusted for non-recurring costs and asset impairment costs, came to 79 cents per share.

The real estate investment trust posted revenue of $21.8 million in the period. Its adjusted revenue was $4.8 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GPMT at https://www.zacks.com/ap/GPMT
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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