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Altisource Portfolio: Q3 Earnings Snapshot

By AP News - Oct 24, 2024, 07:23 AM ET
Last Updated - Dec 16, 2024, 06:01 PM EST
Altisource Portfolio: Q3 Earnings Snapshot

GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) — GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) — Altisource Portfolio Solutions SA (ASPS) on Thursday reported a loss of $9.4 million in its third quarter.

The Grand Duchy Of Luxembourg, Luxembourg-based company said it had a loss of 33 cents per share. Losses, adjusted for amortization costs and stock option expense, came to 23 cents per share.

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The real estate services firm posted revenue of $40.5 million in the period. Its adjusted revenue was $38.2 million.

The company's shares closed at $1.37. A year ago, they were trading at $4.40.

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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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