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Altisource Portfolio: 2Q Earnings Snapshot

July 25, 2019

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.

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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

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