AAMC: Altisource Asset Management Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024

Altisource Asset Management Corporation reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported revenue was USD 0.042 million compared to USD 1.92 million a year ago. Net loss was USD 2.17 million compared to USD 3.81 million a year ago. Basic loss per share from continuing operations was USD 0.85 compared to USD 1.27 a year ago. Diluted loss per share from continuing operations was USD 0.85 compared to USD 1.27 a year ago. For the six months, revenue was USD 0.276 million compared to USD 4.05 million a year ago. Net loss was USD 5.28 million compared to USD 6.8 million a year ago. Basic earnings per share from continuing operations was USD 49.69 compared to basic loss per share from continuing operations of USD 2.26 a year ago. Diluted earnings per share from continuing operations was USD 49.28 compared to diluted loss per share from continuing operations of USD 2.26 a year ago.