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 on Nov 8, 2026, 2:07 AM ET, from this filing 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 and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.