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Altisource: 2Q Earnings Snapshot

CHRISTIANSTED, Virgin Islands (AP) _ Altisource Asset Management Corp. (AAMC) on Thursday reported a loss of $1.1 million in its second quarter.

On a per-share basis, the Christiansted, Virgin Islands-based company said it had a loss of 69 cents.

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

Altisource shares have fallen 21 percent since the beginning of the year. The stock has decreased 25 percent 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