Altisource Portfolio: Q3 Earnings Snapshot

Associated Press Finance
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GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) — GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) — Altisource Portfolio Solutions SA (ASPS) on Thursday reported a loss of $11.3 million in its third quarter.

The Grand Duchy Of Luxembourg, Luxembourg-based company said it had a loss of 51 cents per share. Losses, adjusted for stock option expense and non-recurring costs, came to 44 cents per share.

The real estate services firm posted revenue of $36.2 million in the period. Its adjusted revenue was $34.1 million.

The company's shares closed at $4.41. A year ago, they were trading at $11.26.

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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

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