AAMC: Altisource: Q1 Earnings Snapshot

CHRISTIANSTED, Virgin Islands (AP) - CHRISTIANSTED, Virgin Islands (AP) - Altisource Asset Management Corp. (AAMC) on Wednesday reported a loss of $3.1 million in its first quarter. The Christiansted, Virgin Islands -based company said it had a loss of $49.98 per share. The asset manager posted revenue of $234,000 in the period. In the final minutes of trading on Wednesday, the company's shares hit $3.13 . A year ago, they were trading at $46.17 . _____ 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 For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News