AI brief of an SEC Form 8-K · Adamas Trust (ADAM)

New York Mortgage Trust posts Q2 2023 net loss of $37.2 million, or $0.41 per share

Negative Impact 3 of 5 earnings Written later

New York Mortgage Trust, Inc. (Nasdaq: NYMT) reported a second-quarter 2023 net loss attributable to common stockholders of $37.2 million, or $0.41 per share, compared with a net loss of $82.4 million, or $0.86 per share, a year earlier, and net income of $10.5 million in the first quarter of 2023. Book value per common share fell to $12.44 from $12.95 at March 31, 2023, and the common dividend was $0.30, down from $0.40 in prior quarters. The filing header lists Adamas Trust, Inc. (ADAM), but the attached press release and financial tables are for New York Mortgage Trust.

Key points

  • Net loss attributable to common stockholders was $37.2 million, or $0.41 per share, for the quarter ended June 30, 2023, versus $82.4 million, or $0.86 per share, for the same quarter of 2022
  • Total net interest income was $15.1 million, down from $39.3 million a year earlier and $17.8 million in the first quarter of 2023
  • Book value per common share was $12.44 at June 30, 2023, compared with $12.95 at March 31, 2023
  • Dividends declared per common share were $0.30, compared with $0.40 in each of the prior four quarters

The filing

CompanyAdamas Trust (ADAM)
Form8-K, current report
Filed with the SECAug 2, 2023, 4:21 PM ET
Accession number0001273685-23-000095

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 02, 2023.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.