Ocwen: Q1 Earnings Snapshot

WEST PALM BEACH, Fla. (AP) — WEST PALM BEACH, Fla. (AP) — Ocwen Financial Corporation (OCN) on Thursday reported profit of $30.1 million in its first quarter.

On a per-share basis, the West Palm Beach, Florida-based company said it had net income of $3.74. Earnings, adjusted for non-recurring gains, were $1.74 per share.

The mortgage servicer posted revenue of $239.1 million in the period.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OCN at https://www.zacks.com/ap/OCN

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