Ocwen Financial (OCN) Reports Q3 Loss Per Share of 53c

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Go back to Ocwen Financial (OCN) Reports Q3 Loss Per Share of 53c

Ocwen Financial Announces Operating Results for Third Quarter 2015

October 28, 2015 4:16 PM EDT

Generated Q3 2015 Cash Flows From Operating Activities of $239 millionEnded September with $731 million of available liquidity, including $459 million of cash on handReduced corporate debt by 47% or $812 million year to date

WEST PALM BEACH, Fla., Oct. 28, 2015 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation, (NYSE: OCN) (Ocwen or the Company), a leading financial services holding company, today reported a net loss of $(66.8) million, or $(0.53) per share, for the three months ended September 30, 2015 compared to a net loss of $(75.3)... More