AP NEWS

Altisource: 3Q Earnings Snapshot

November 7, 2019 GMT

CHRISTIANSTED, Virgin Islands (AP) _ Altisource Asset Management Corp. (AAMC) on Wednesday reported a loss of $3.5 million in its third quarter.

The Christiansted, Virgin Islands-based company said it had a loss of $2.25 per share.

The asset manager posted revenue of $3.8 million in the period.

Altisource shares have dropped 55% since the beginning of the year. The stock has decreased 71% 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 AAMC at https://www.zacks.com/ap/AAMC