10:08 AM EST - Xceed Mortgage Corp. : on Monday reported first-quarter net income of $1.52 million or $0.05 per share, compared to $6.76 million or $0.23 per share in the year-ago quarter. Quarterly revenues declined to $5.7 million from $17.54 million in the comparable period last year. Xceed Mortgage Corp.
shares T.XMC are trading off 7 cents at $1.53.
