GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) — GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) — Altisource Portfolio Solutions SA (ASPS) on Thursday reported second-quarter net income of $16.6 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Grand Duchy Of Luxembourg, Luxembourg-based company said it had net income of $1.48. Earnings, adjusted for one-time gains and costs, came to 19 cents per share.
The real estate services firm posted revenue of $43.3 million in the period. Its adjusted revenue was $40.8 million.
Altisource Portfolio shares have more than doubled since the beginning of the year. The stock has climbed 22% in the last 12 months.
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