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 loss of $13.2 million in its fourth quarter.

The Grand Duchy Of Luxembourg, Luxembourg-based company said it had a loss of 47 cents per share. Losses, adjusted for amortization costs and stock option expense, came to 37 cents per share.

The real estate services firm posted revenue of $34.2 million in the period. Its adjusted revenue was $32.2 million.

For the year, the company reported that its loss widened to $56.3 million, or $2.51 per share. Revenue was reported as $136.6 million.

The company's shares closed at $2.93. A year ago, they were trading at $5.76.

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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