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Armour Residential REIT Inc. reports $323.7 million loss in Q3

Associated Press +1 ·

ARR
ARR ARMOUR Residential REIT Inc
$12.81 +1.03%
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  1. 1Armour Residential REIT Inc. recorded a loss of $323.7 million in the third quarter.
  2. 2Armour Residential REIT Inc. recorded a loss of $2.26 per share.
  3. 3Armour Residential REIT Inc. recorded revenue of $274.3 million during the period.

So what's the key point?

Armour Residential REIT Inc. saw a loss of $323.7 million in the third quarter. This loss occurred because the amount spent was greater than the amount earned.

Source Associated Press +1 · View original ↗

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