ARMOUR Residential REIT Inc (ARR)

[bar1080]

There's a reason Generally Accepted Accounting Principles... are generally accepted. LOL

Think back to all the EBIDITA and other "accounting methods dujour" that dominated tech-land in the late 90s.

"According to generally accepted accounting principals (GAAP), it saw a net loss of $19.8 million. However core income excludes impairment losses, gains or losses from the sale of securities and dividends, as well as other non-recurring expenses, which are reflected in the GAAP loss."