Ocwen Financial (OCN) Misses Q1 EPS by 51c
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Ocwen Financial Announces Operating Results for First Quarter 2016
April 27, 2016 4:20 PM EDTGenerated Cash from Operating Activities of $141 millionAdjusted Operating Expenses down $55 million or 17% versus Q415Continuing to execute on strategy to be a world-class asset origination and servicing business
WEST PALM BEACH, Fla., April 27, 2016 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation, (NYSE: OCN) (Ocwen or the Company), a leading financial services holding company, today reported a net loss of $(111.2) million, or $(0.90) per share, for the three months ended March 31, 2016 compared to net income of $34.4 million, or $0.27 per share, for the three... More
