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Altisource: 1Q Earnings Snapshot

CHRISTIANSTED, Virgin Islands (AP) _ Altisource Asset Management Corp. (AAMC) on Wednesday reported a loss of $840,000 in its first quarter.

On a per-share basis, the Christiansted, Virgin Islands-based company said it had a loss of 56 cents.

The asset manager posted revenue of $3.9 million in the period.

Altisource shares have decreased 12% since the beginning of the year. The stock has fallen 60% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AAMC at https://www.zacks.com/ap/AAMC