New York Mortgage Trust, Inc. reported a net loss attributable to common stockholders of $(3.5) million, or $(0.04) per basic share, for the second quarter ended June 30, 2025. This follows a return to profitability in the previous quarter.
Earnings Available for Distribution (EAD) for the quarter was $1.8 million, or $0.02 per common share. The company delivered earnings and revenue surprises of +10.00% and -8.43%, respectively.
The reported net loss indicates a challenging quarter for the company, despite beating earnings estimates. Investors will be closely watching the company's ability to manage its portfolio and financing costs in the current market environment.
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