CHRISTIANSTED, Virgin Islands (AP) — CHRISTIANSTED, Virgin Islands (AP) — Altisource Asset Management Corp. (AAMC) on Monday reported first-quarter earnings of $3 million.
On a per-share basis, the Christiansted, Virgin Islands-based company said it had net income of $1.68.
The asset manager posted revenue of $2.1 million in the period.
Altisource shares have more than tripled since the beginning of the year. The stock has increased sevenfold in the last 12 months.
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