Altisource Asset Management Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 1.91 million. Net loss was USD 3.99 million compared to USD 5.7 million a year ago. Basic loss per share from continuing operations was USD 2.24 compared to basic earnings per share from continuing operations of USD 5.06 a year ago. Diluted loss per share from continuing operations was USD 2.24 compared to diluted earnings per share from continuing operations of USD 4.76 a year ago. Basic loss per share was USD 2.24 compared to basic earnings per share of USD 5.06 a year ago. Diluted loss per share was USD 2.24 compared to diluted earnings per share of USD 4.76 a year ago.
For the nine months, revenue was USD 2.44 million. Net loss was USD 11.82 million compared to net income of USD 2.39 million a year ago. Basic loss per share from continuing operations was USD 3.41 compared to basic earnings per share from continuing operations of USD 42.41 a year ago. Diluted loss per share from continuing operations was USD 3.41 compared to diluted earnings per share from continuing operations of USD 39.06 a year ago. Basic loss per share was USD 3.41 compared to basic earnings per share of USD 45.54 a year ago. Diluted loss per share was USD 3.41 compared to diluted earnings per share of USD 41.94 a year ago.