Altisource Portfolio: Q4 Earnings Snapshot
GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) — GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) — Altisource Portfolio Solutions SA (ASPS) on Thursday reported a fourth-quarter loss of $11.3 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 70 cents per share. Losses, adjusted for amortization costs and pretax expenses, came to 45 cents per share.
The real estate services firm posted revenue of $34.8 million in the period. Its adjusted revenue was $32.8 million.
For the year, the company reported a loss of $53.4 million, or $3.32 per share, swinging to a loss in the period. Revenue was reported as $144.5 million.
The company's shares closed at $4.62. A year ago, they were trading at $12.14.
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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
