Two Harbors Investment Corp. (TWO: Quote) reported net income for the first quarter of $51.8 million or $0.28 per share, compared to $22.3 million or $0.49 per share for the year-ago quarter.
Excluding items, core earnings for the first quarter were $63.7 million or $0.34 per share, compared to $14.8 million or $0.32 per share in the prior year quarter.
Net interest income for the first quarter rose to $74.03 million from $17.37 million a year earlier.
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by RTT Staff Writer
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