Altisource: Q1 Earnings Snapshot

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.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on AAMC at

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