GLEN ALLEN, Va. (AP) — GLEN ALLEN, Va. (AP) — Dynex Capital Inc. (DX) on Monday reported earnings of $40.1 million in its first quarter.

On a per-share basis, the Glen Allen, Virginia-based company said it had profit of 64 cents. Losses, adjusted for non-recurring gains, came to 30 cents per share.

The mortgage real estate investment trust posted revenue of $71.5 million in the period. Its adjusted revenue was -$3.2 million.

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