Altisource: Q2 Earnings Snapshot
In this article:
CHRISTIANSTED, Virgin Islands (AP) — CHRISTIANSTED, Virgin Islands (AP) — Altisource Asset Management Corp. (AAMC) on Monday reported a loss of $3.8 million in its second quarter.
The Christiansted, Virgin Islands-based company said it had a loss of $2.16 per share.
The asset manager posted revenue of $1.9 million in the period.
Altisource shares have climbed 53% since the beginning of the year. In the final minutes of trading on Monday, shares hit $31.02, a climb of 38% 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 AAMC at https://www.zacks.com/ap/AAMC
