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Lument Finance Trust Reports First Quarter Results

PR Newswire - Thu May 11, 2023

NEW YORK, May 11, 2023 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its first quarter 2023 results. Distributable earnings for the quarter was $0.2 million, or $0.00 per share of common stock. GAAP net income attributable to common shareholders for the quarter was $4.6 million, or $0.09 per share of common stock. The Company has also issued a detailed presentation of its results, which can be viewed at www.lumentfinancetrust.com.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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