NEW YORK (AP) _ MFA Financial Inc. (MFA) on Thursday reported first-quarter net income of $85.5 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the New York-based company said it had net income of 17 cents.

The real estate investment trust posted revenue of $61.9 million in the period. Its adjusted revenue was $31.8 million.

The company’s shares closed at $4.41. A year ago, they were trading at $1.68.

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