AP NEWS

Ocwen: 3Q Earnings Snapshot

November 5, 2019 GMT

WEST PALM BEACH, Fla. (AP) _ Ocwen Financial Corporation (OCN) on Tuesday reported a loss of $42.8 million in its third quarter.

On a per-share basis, the West Palm Beach, Florida-based company said it had a loss of 32 cents.

The mortgage servicer posted revenue of $283.5 million in the period.

The company’s shares closed at $1.75. A year ago, they were trading at $3.80.

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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 OCN at https://www.zacks.com/ap/OCN