GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) — GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) — Altisource Portfolio Solutions SA (ASPS) on Thursday reported a loss of $9.4 million in its third quarter.
The Grand Duchy Of Luxembourg, Luxembourg-based company said it had a loss of 33 cents per share. Losses, adjusted for amortization costs and stock option expense, came to 23 cents per share.
The real estate services firm posted revenue of $40.5 million in the period. Its adjusted revenue was $38.2 million.
The company's shares closed at $1.37. A year ago, they were trading at $4.40.
_____
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: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.