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Altisource Portfolio: 1Q Earnings Snapshot

GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) _ Altisource Portfolio Solutions SA (ASPS) on Thursday reported a loss of $3.2 million in its first quarter.

The Grand Duchy Of Luxembourg, Luxembourg-based company said it had a loss of 20 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 48 cents per share.

The real estate services firm posted revenue of $165 million in the period.

Altisource Portfolio shares have climbed 5 percent since the beginning of the year. The stock has fallen roughly 8 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 ASPS at https://www.zacks.com/ap/ASPS