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Wed, 10 May 2006 13:15:00 PDT
LOS ANGELES, CA (MARKET WIRE) Aames Investment Corporation (NYSE: AIC), a nationwide subprime mortgage lender today reported diluted net loss per common share of $0.22 for the first quarter of 2006. Excluding a pretax mark-to-market derivative loss under FASB 133 of $5.2 million and charges related to the Company's cost reduction program and other non-core charges of $2.3 million, core loss per diluted share for the quarter equaled $6.0 million or $0.10 per share.
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