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NEW YORK (AP) _ BrightSpire Capital, Inc. (BRSP) on Wednesday reported second-quarter web revenue of $34.Three million, after reporting a loss in the identical interval a 12 months earlier.
The New York-based firm mentioned it had web revenue of 26 cents per share. Earnings, adjusted for non-recurring beneficial properties, got here to 24 cents per share.
The true property funding belief posted income of $32.Eight million within the interval.
Colony Credit score shares have dropped 16% because the starting of the 12 months. The inventory has dropped 7.5% within the final 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) utilizing knowledge from Zacks Funding Analysis. Entry a Zacks inventory report on BRSP at https://www.zacks.com/ap/BRSP
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