Altisource: 3Q Earnings Snapshot
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.