CHRISTIANSTED, Virgin Islands (AP) _ Altisource Asset Management Corp. (AAMC) on Monday reported a loss of $3.8 million in its first quarter.
The Christiansted, Virgin Islands-based company said it had a loss of $2.35 per share.
The asset manager posted revenue of $4 million in the period.
Altisource shares have risen 25% since the beginning of the year. The stock has decreased 35% in the last 12 months.
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
Automated Insights, source Associated Press News