Dynex Capital Reports Q1 Loss Amid Mortgage REIT Market Challenges
Dynex Capital Inc., a mortgage real estate investment trust, reported a first-quarter loss of $3.1 million, equating to a loss of 6 cents per share. After adjusting for non-recurring costs, earnings were reported at 20 cents per share. The company's revenue for the quarter was $95.1 million, with adjusted revenue of $17.1 million, reflecting the financial performance amid the current real estate investment environment.
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