FARMINGDALE, N.J. (AP) — FARMINGDALE, N.J. (AP) — Cherry Hill Mortgage Investment Corp. (CHMI) on Monday reported net income of $12.1 million in its first quarter.

The Farmingdale, New Jersey-based company said it had profit of 32 cents per share. Earnings, adjusted for non-recurring gains, were 13 cents per share.

The residential real estate finance company posted revenue of $12.7 million in the period. Its adjusted revenue was $907,000.

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