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Altisource Portfolio: Q2 Earnings Snapshot
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GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) — GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) — Altisource Portfolio Solutions SA (ASPS) on Thursday reported a second-quarter loss of $562,000, after reporting a profit in the same period a year earlier.

On a per-share basis, the Grand Duchy Of Luxembourg, Luxembourg-based company said it had a loss of 5 cents. Earnings, adjusted for one-time gains and costs, were 17 cents per share.

The real estate services firm posted revenue of $50.7 million in the period. Its adjusted revenue was $48.7 million.

Altisource Portfolio shares have decreased roughly 6% since the beginning of the year. The stock has declined 47% in the last 12 months.

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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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