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Lument Finance Trust, Inc. Reports $12.3 Million Loss in Q3

Associated Press · ·by G4L

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LFT Lument Finance Trust Inc
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  1. 1Lument Finance Trust, Inc. reported a loss of $12.3 million in the third quarter.
  2. 2Lument Finance Trust, Inc. recorded a loss of $2.57 per share in the third quarter.
  3. 3Lument Finance Trust, Inc. revenue was $18.6 million in the third quarter.

So what's the key point?

Lument Finance Trust, Inc. saw a loss of $12.3 million in the third quarter. This loss occurred because the company spent more money than it earned.

Source Associated Press · View original ↗

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