Impac Mortgage: 1Q Earnings Snapshot

By The Associated Press

Posted Jun 25, 2020 04:58:32 PM.

Last Updated Jun 25, 2020 05:02:18 PM.

IRVINE, Calif. (AP) _ Impac Mortgage Holdings Inc. (IMH) on Thursday reported a loss of $64.7 million in its first quarter.

On a per-share basis, the Irvine, California-based company said it had a loss of $3.05. Losses, adjusted for non-recurring costs, were $2.64 per share.

In the final minutes of trading on Thursday, the company’s shares hit $1.90. A year ago, they were trading at $3.20.

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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 IMH at https://www.zacks.com/ap/IMH

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