NEW YORK (AP) _ AG Mortgage Investment Trust Inc. (MITT) on Friday reported second-quarter net income of $15.6 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the New York-based company said it had net income of 70 cents. Earnings, adjusted for non-recurring gains, were less than 1 cent on a per-share basis.

The real estate investment trust posted revenue of $14.2 million in the period. Its adjusted revenue was $8.9 million.

AG Mortgage Investment Trust shares have climbed 25% since the beginning of the year. The stock has climbed 21% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MITT at https://www.zacks.com/ap/MITT

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News