CHRISTIANSTED, Virgin Islands (AP) — CHRISTIANSTED, Virgin Islands (AP) — Altisource Asset Management Corp. (AAMC) on Wednesday reported a loss of $2.2 million in its second quarter.
On a per-share basis, the Christiansted, Virgin Islands-based company said it had a loss of 85 cents.
The asset manager posted revenue of $42,000 in the period.
The company's shares closed at $2.41. A year ago, they were trading at $19.32.
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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