NEW YORK (AP) — NEW YORK (AP) — Chimera Investment Corp. (CIM) on Wednesday reported profit of $28.3 million in its fourth quarter.
On a per-share basis, the New York-based company said it had profit of 8 cents. Earnings, adjusted for non-recurring costs, were 53 cents per share.
The mortgage investor posted revenue of $220.3 million in the period. Its adjusted revenue was $66.2 million.
For the year, the company reported profit of $230.5 million, or $1.72 per share. Revenue was reported as $266.4 million.
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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
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