
• Reported GAAP EPS of -$0.41 down -583.33% YoY • Reported revenue of -$59.11M down -753.72% YoY
Bullish
Dynex Capital expanded its capital base by $442 million for $6.0 billion in net investments, while net interest income increased to $79,254 thousand and financing costs declined 33 basis points.
Bearish
Dynex Capital reported a comprehensive loss of $(0.42) per common share, driven by a $(140) million net loss on its investment portfolio from widening mortgage spreads, alongside increased operating expenses.