Ocwen: Q1 Earnings Snapshot
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WEST PALM BEACH, Fla. (AP) — WEST PALM BEACH, Fla. (AP) — Ocwen Financial Corporation (OCN) on Thursday reported a loss of $40.2 million in its first quarter.
On a per-share basis, the West Palm Beach, Florida-based company said it had a loss of $5.34. Losses, adjusted for non-recurring costs, were 16 cents per share.
The mortgage servicer posted revenue of $261.8 million in the period.
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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 OCN at https://www.zacks.com/ap/OCN
