WEST PALM BEACH, Fla. (AP) _ Ocwen Financial Corporation (OCN) on Thursday reported a loss of $29.8 million in its second quarter.
On a per-share basis, the West Palm Beach, Florida-based company said it had a loss of 22 cents.
The mortgage servicer posted revenue of $253.6 million in the period.
The company's shares closed at $3.70. A year ago, they were trading at $2.80.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OCN at https://www.zacks.com/ap/OCN