Altisource Portfolio: Q1 Earnings Snapshot
By AP News
Published - Apr 25, 2024, 07:59 AM ET
Last Updated - May 27, 2024, 01:07 AM EDT
GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) — GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) — Altisource Portfolio Solutions SA (ASPS) on Thursday reported a loss of $9.2 million in its first quarter.
On a per-share basis, the Grand Duchy Of Luxembourg, Luxembourg-based company said it had a loss of 33 cents. Losses, adjusted for stock option expense and amortization costs, came to 20 cents per share.
The real estate services firm posted revenue of $39.5 million in the period. Its adjusted revenue was $36.9 million.
The company's shares closed at $1.70. A year ago, they were trading at $3.84.
