MCLEAN, Va. (AP) _ Arlington Asset Investment Corp. (AAIC) on Thursday reported a loss of $6 million in its first quarter.
On a per-share basis, the McLean, Virginia-based company said it had a loss of 20 cents. Earnings, adjusted for non-recurring costs, were 3 cents per share.
The investment company posted revenue of $6.3 million in the period. Its adjusted revenue was $3.8 million.
The company’s shares closed at $4.13. A year ago, they were trading at $2.65.
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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 AAIC at https://www.zacks.com/ap/AAIC
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