NEW YORK (AP) _ New York Mortgage Trust Inc. (NYMT) on Thursday reported second-quarter net income of $29.7 million.

On a per-share basis, the New York-based company said it had net income of 20 cents.

The real estate investment trust posted revenue of $127.7 million in the period. Its adjusted revenue was $17.5 million.

New York Mortgage Trust shares have climbed 1 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $6.23, a decline of 1 percent in the last 12 months.


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