Ocwen: Q1 Earnings Snapshot
By AP News
Published - May 05, 2023, 10:07 AM ET
Last Updated - Jun 21, 2023, 10:23 PM EDT
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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