GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) — GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) — Altisource Portfolio Solutions SA (ASPS) on Thursday reported a second-quarter loss of $562,000, after reporting a profit in the same period a year earlier.
On a per-share basis, the Grand Duchy Of Luxembourg, Luxembourg-based company said it had a loss of 5 cents. Earnings, adjusted for one-time gains and costs, were 17 cents per share.
The real estate services firm posted revenue of $50.7 million in the period. Its adjusted revenue was $48.7 million.
Altisource Portfolio shares have decreased roughly 6% since the beginning of the year. The stock has declined 47% in the last 12 months.
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