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Angel Oak: Q3 Earnings Snapshot
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ATLANTA (AP) — ATLANTA (AP) — Angel Oak Mortgage Inc. (AOMR) on Tuesday reported a third-quarter loss of $16.7 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Atlanta-based company said it had a loss of 72 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 28 cents per share.

The real estate finance company posted revenue of $42.5 million in the period.

Angel Oak shares have fallen 17% since the beginning of the year. The stock has fallen 21% in the last 12 months.

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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 AOMR at https://www.zacks.com/ap/AOMR

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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