NEW YORK (AP) — NEW YORK (AP) — Granite Point Mortgage Trust Inc. (GPMT) on Monday reported a loss of $63.1 million in its second quarter.

The New York-based company said it had a loss of $1.31 per share. Losses, adjusted for non-recurring costs and stock option expense, came to 5 cents per share.

The real estate investment trust posted revenue of $48.5 million in the period. Its adjusted revenue was $8.1 million.

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