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Lument: Q1 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Lument Finance Trust, Inc. (LFT) on Friday reported profit of $207,000 in its first quarter.

On a per-share basis, the New York-based company said it had net loss of 2 cents. Earnings, adjusted for non-recurring costs, came to 2 cents per share.

The real estate investment trust posted revenue of $21.1 million in the period. Its adjusted revenue was $5.7 million.

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