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Altisource Portfolio: Q4 Earnings Snapshot
By AP News - Mar 13, 2025, 07:49 AM ET
Last Updated - Mar 13, 2025, 07:49 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 $8.8 million in its fourth quarter.
The Grand Duchy Of Luxembourg, Luxembourg-based company said it had a loss of 31 cents per share. Losses, adjusted for non-recurring costs and amortization costs, came to 18 cents per share.
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The real estate services firm posted revenue of $41 million in the period. Its adjusted revenue was $38.5 million.
For the year, the company reported that its loss narrowed to $35.6 million, or $1.25 per share. Revenue was reported as $150.4 million.
The company's shares closed at 75 cents. A year ago, they were trading at $2.65.
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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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