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

New York Mortgage Trust narrows Q2 loss to $26.0 million, or $0.29 per share

Positive Impact 3 of 5 earnings Written later

New York Mortgage Trust (Nasdaq: NYMT) reported a second-quarter 2024 net loss attributable to common stockholders of $26.0 million, or $0.29 per share, narrower than the $37.2 million loss a year earlier and the $68.3 million loss in the first quarter. Net interest income rose to $19.0 million from $15.1 million, but book value per common share fell to $9.69 from $12.44 a year earlier, and the common dividend was $0.20 per share versus $0.30. The filing names New York Mortgage Trust as the registrant, not Adamas Trust as stated in the request.

Key points

  • Net loss to common stockholders of $26.0 million ($0.29 per share) for the three months ended June 30, 2024, vs. $37.2 million ($0.41 per share) a year earlier
  • Net loss to common stockholders of $68.3 million in the first quarter of 2024 ($0.75 per share)
  • Net interest income of $19.0 million vs. $15.1 million in the second quarter of 2023
  • Book value per common share of $9.69 at June 30, 2024, down from $10.21 at March 31, 2024 and $12.44 at June 30, 2023; conference call set for August 1, 2024 at 9:00 a.m. Eastern

The filing

CompanyAdamas Trust (ADAM)
Form8-K, current report
Filed with the SECJul 31, 2024, 4:24 PM ET
Accession number0001273685-24-000061

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 July 31, 2024.

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.