Dynex Capital: 2Q Earnings Snapshot
GLEN ALLEN, Va. (AP) _ Dynex Capital Inc. (DX) on Thursday reported second-quarter net income of $15.7 million, after reporting a loss in the same period a year earlier.
The Glen Allen, Virginia-based company said it had net income of 23 cents per share.
The mortgage real estate investment trust posted revenue of $25.9 million in the period. Its adjusted revenue was $11.7 million.
Dynex Capital shares have decreased 5 percent since the beginning of the year. The stock has dropped 4 percent in the last 12 months.