Altisource Portfolio: Q1 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 $9.2 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.


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

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