U.S. Markets closed

Altisource: 3Q Earnings Snapshot

CHRISTIANSTED, Virgin Islands (AP) _ Altisource Asset Management Corp. (AAMC) on Wednesday reported a loss of $1.2 million in its third quarter.

On a per-share basis, the Christiansted, Virgin Islands-based company said it had a loss of 75 cents.

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

Altisource shares have declined 39 percent since the beginning of the year. The stock has fallen 38 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