Redwood Trust, Inc. Bottom Line Climbs In Q1

WASHINGTON (dpa-AFX) - Redwood Trust, Inc. (RWT) announced a profit for its first quarter that increased from the same period last year

The company's earnings came in at $29 million, or $0.21 per share. This compares with $3 million, or $0.02 per share, in last year's first quarter.

Redwood Trust, Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $29 Mln. vs. $3 Mln. last year. -EPS (Q1): $0.21 vs. $0.02 last year.

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