NEW YORK (AP) _ Chimera Investment Corp. (CIM) on Wednesday reported first-quarter net income of $157.6 million, after reporting a loss in the same period a year earlier.

The New York-based company said it had profit of 54 cents per share. Earnings, adjusted for non-recurring gains, came to 36 cents per share.

The mortgage investor posted revenue of $243.1 million in the period. Its adjusted revenue was $135.1 million.

Chimera shares have increased 26% since the beginning of the year. The stock has climbed 69% 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 CIM at https://www.zacks.com/ap/CIM