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Starwood Property Trust Inc. records $389.7 million loss in Q3

Associated Press +2 · ·by G4L

STWD
STWD Starwood Property Trust Inc
$11.89 -1.33%
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  1. 1Starwood Property Trust Inc. recorded a loss of $389.7 million in the third quarter.
  2. 2Starwood Property Trust Inc. reported a loss of $1.08 per share in the third quarter.
  3. 3Starwood Property Trust Inc. reported revenue of $545.9 million in the third quarter.

So what's the key point?

Starwood Property Trust Inc. saw a loss of $389.7 million in the third quarter. This loss occurred because the company spent more money than it earned.

Source Associated Press +2 · View original ↗

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