Angel Oak: Q3 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — Angel Oak Mortgage Inc. (AOMR) on Tuesday reported a third-quarter loss of $16.7 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Atlanta-based company said it had a loss of 72 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 28 cents per share.

The real estate finance company posted revenue of $42.5 million in the period.

Angel Oak shares have fallen 17% since the beginning of the year. The stock has fallen 21% in the last 12 months.

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