Angel Oak: Q2 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — Angel Oak Mortgage Inc. (AOMR) on Tuesday reported second-quarter net income of $3.4 million.

On a per-share basis, the Atlanta-based company said it had net income of 14 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 37 cents per share.

The real estate finance company posted revenue of $41.4 million in the period.

Angel Oak shares have risen 2% since the beginning of the year. The stock has declined 4.5% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AOMR at https://www.zacks.com/ap/AOMR