Altisource Portfolio: Q2 Earnings Snapshot
GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) — GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) — Altisource Portfolio Solutions SA (ASPS) on Thursday reported a loss of $18.9 million in its second quarter.
On a per-share basis, the Grand Duchy Of Luxembourg, Luxembourg-based company said it had a loss of 90 cents. Losses, adjusted for non-recurring costs and amortization costs, came to 68 cents per share.
The real estate services firm posted revenue of $35.2 million in the period. Its adjusted revenue was $33.2 million.
Altisource Portfolio shares have decreased 36% since the beginning of the year. The stock has decreased 50% in the last 12 months.
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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
