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Altisource Portfolio: 1Q Earnings Snapshot

GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) _ Altisource Portfolio Solutions SA (ASPS) on Thursday reported a first-quarter loss of $4.1 million, after reporting a profit in the same period a year earlier.

The Grand Duchy Of Luxembourg, Luxembourg-based company said it had a loss of 24 cents per share. Earnings, adjusted for pretax expenses and amortization costs, came to 48 cents per share.

The real estate services firm posted revenue of $197.4 million in the period.

Altisource Portfolio shares have declined 14 percent since the beginning of the year. The stock has climbed roughly 3 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