Altisource Portfolio: 2Q Earnings Snapshot
GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) _ Altisource Portfolio Solutions SA (ASPS) on Thursday reported a second-quarter loss of $5.8 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 36 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 36 cents per share.
The real estate services firm posted revenue of $196.5 million in the period.
Altisource Portfolio shares have fallen slightly more than 4% since the beginning of the year. The stock has dropped 37% in the last 12 months.