đź’¨ Abstract
Redwood Trust Inc. reported Q1 net income of $16.1 million, with earnings of 10 cents per share. Adjusted earnings were 14 cents per share, falling short of the predicted 17 cents per share by analysts. The specialty finance company generated $272.1 million in revenue, with adjusted revenue of $27.9 million, both below forecasted amounts.
Courtesy: wtop.com
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