ATLANTA (AP) — Invesco Mortgage Capital Inc. (IVR) on Monday reported fourth-quarter earnings of $122.7 million.
On a per-share basis, the Atlanta-based company said it had net income of 59 cents. Earnings, adjusted for non-recurring gains, were 10 cents per share.
The real estate investment trust posted revenue of $126.6 million in the period. Its adjusted revenue was $129.1 million.
For the year, the company reported a loss of $1.67 billion, or $9.89 per share, swinging to a loss in the period. Revenue was reported as -$1.63 billion.
In the final minutes of trading on Monday, the company's shares hit $3.89. A year ago, they were trading at $18.26.