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Ready Capital Corporation Records $64.1 Million Loss in Q3

Associated Press +2 · ·by G4L

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RC Ready Capital Corp
$1.04 +22.11%
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  1. 1Ready Capital Corporation recorded a loss of $64.1 million in the third quarter.
  2. 2Ready Capital Corporation reported a loss of 38 cents per share in the third quarter.
  3. 3Ready Capital Corporation achieved revenue of $83.8 million in the third quarter.

So what's the key point?

Ready Capital Corporation lost $64.1 million in the third quarter. This means that while revenue reached $83.8 million, the company did not make a profit.

Source Associated Press +2 · View original ↗

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