IRVINE, Calif. (AP) _ Impac Mortgage Holdings Inc. (IMH) on Tuesday reported second-quarter profit of $6.4 million.On a per-share basis, the Irvine, C
IRVINE, Calif. (AP) _ Impac Mortgage Holdings Inc. (IMH) on Tuesday reported second-quarter profit of $6.4 million.
On a per-share basis, the Irvine, California-based company said it had profit of 32 cents. Losses, adjusted for non-recurring gains, were 1 cent per share.
The mortgage and warehouse lending company posted revenue of $39.6 million in the period.
Impac Mortgage shares have risen 11 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $15.50, a drop of 11 percent in the last 12 months.
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
Keywords: Impac Mortgage, Earnings Report