Altisource: Q1 Earnings Snapshot

April 22, 2022 GMT

CHRISTIANSTED, Virgin Islands (AP) _ Altisource Asset Management Corp. (AAMC) on Friday reported a first-quarter loss of $3.7 million, after reporting a profit in the same period a year earlier.

The Christiansted, Virgin Islands-based company said it had a loss of 66 cents per share.

Altisource shares have dropped 40% since the beginning of the year. The stock has dropped 40% 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